2, REGENCY CLOSE, TALKE PITS, STOKE-ON-TRENT, ST7 1RH - £310,000

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 REGENCY CLOSE is a very large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £310,000 in July 2023, which was around 6% above the average July 2023 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 REGENCY CLOSE Sold Prices

Land registry data shows two sales for 2 REGENCY CLOSE since 1^st 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 2 REGENCY CLOSE 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
2023 14 JUL	£310,000	£291,833	6% above HPI
1997 20 JAN	£52,950	£65,950	20% below HPI

2 REGENCY CLOSE Price Paid vs. HPI Average

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 2 REGENCY CLOSE sales from January 1997 and July 2023 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 January 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 REGENCY CLOSE?

2 REGENCY CLOSE is 143m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Talke Pits, based on EPC data. The below chart shows the distribution of detached houses by size in Talke Pits, and where 2 REGENCY CLOSE lies on this distribution: 98% of detached houses are smaller than 2 REGENCY CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Talke Pits.

2 REGENCY CLOSE: Plot and Title Map

2 REGENCY CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 REGENCY 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 REGENCY 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 REGENCY CLOSE?

2 REGENCY CLOSE is located in TALKE PITS, in the ST7 postcode district. The below map shows the position of No. 2 on REGENCY CLOSE.