2, VALLEY DRIVE, LEEK, ST13 8NQ - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 VALLEY DRIVE is a very large detached house of 177m², built sometime between 1950 and 1966. It was last sold for £295,000 in November 2015, which was around 38% above the average November 2015 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 VALLEY DRIVE Sold Prices

Land registry data shows three sales for 2 VALLEY DRIVE 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. Two of the three 2 VALLEY DRIVE sales were for above the average price, whilst one 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
2015 2 NOV	£295,000	£213,833	38% above HPI
2008 11 APR	£176,000	£206,904	15% below HPI
1998 16 OCT	£122,500	£76,142	61% above HPI

2 VALLEY DRIVE 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 VALLEY DRIVE sales between October 1998 and November 2015 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 April 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2015 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 2 VALLEY DRIVE?

2 VALLEY DRIVE is 177m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses in Leek, based on EPC data. The below chart shows the distribution of detached houses by size in Leek, and where 2 VALLEY DRIVE lies on this distribution: 93% of detached houses are smaller than 2 VALLEY DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Leek.

2 VALLEY DRIVE: Plot and Title Map

2 VALLEY DRIVE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 2 VALLEY DRIVE, 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 VALLEY DRIVE). 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 VALLEY DRIVE?

2 VALLEY DRIVE is located in LEEK, in the ST13 postcode district. The below map shows the position of No. 2 on VALLEY DRIVE.