Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
17 MEGACRE is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £239,000 in January 2020, which was around 1% above the average January 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 17 MEGACRE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. One of the two 17 MEGACRE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2020 9 JAN | £239,000 | £237,729 | 1% above HPI |
2018 29 MAR | £165,165 | £220,840 | 25% below HPI |
The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The two 17 MEGACRE sales from March 2018 and January 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
17 MEGACRE is 84m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Wood Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Wood Lane, and where 17 MEGACRE lies on this distribution: 38% of detached houses are smaller than 17 MEGACRE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wood Lane.
17 MEGACRE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 17 MEGACRE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 17 MEGACRE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
17 MEGACRE is located in WOOD LANE, in the ST7 postcode district. The below map shows the position of No. 17 on MEGACRE.