2, PARK LANE CLOSE, CHEADLE, STOKE-ON-TRENT, ST10 1PE - £260,000

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

2 PARK LANE CLOSE is a very small extended detached house of 63m², built sometime between 1976 and 1982. It was last sold for £260,000 in March 2022, which was around 10% below the average March 2022 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 PARK LANE CLOSE Sold Prices

Land registry data shows three sales for 2 PARK LANE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. All of the three 2 PARK LANE CLOSE sales were 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
2022 11 MAR	£260,000	£288,094	10% below HPI
2017 8 SEP	£210,000	£241,445	13% below HPI
2010 23 DEC	£162,500	£195,497	17% below HPI

2 PARK LANE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The three 2 PARK LANE CLOSE sales between December 2010 and March 2022 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 September 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 PARK LANE CLOSE?

2 PARK LANE CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 2 PARK LANE CLOSE lies on this distribution: 8% of detached houses are smaller than 2 PARK LANE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

2 PARK LANE CLOSE: Plot and Title Map

2 PARK LANE CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 2 PARK LANE CLOSE, 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 2 PARK LANE CLOSE). 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.

Where is 2 PARK LANE CLOSE?

2 PARK LANE CLOSE is located in CHEADLE, in the ST10 postcode district. The below map shows the position of No. 2 on PARK LANE CLOSE.