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 WETHERBY CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £145,000 in May 2012, which was around 21% below the average May 2012 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 2 WETHERBY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. All of the four 2 WETHERBY 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 |
---|---|---|---|
2012 2 MAY | £145,000 | £183,293 | 21% below HPI |
2007 29 MAR | £144,000 | £202,344 | 29% below HPI |
2006 8 DEC | £144,000 | £201,976 | 29% below HPI |
2004 23 APR | £120,000 | £156,097 | 23% below HPI |
The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The four 2 WETHERBY CLOSE sales between April 2004 and May 2012 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2012 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
2 WETHERBY CLOSE is 71m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 WETHERBY CLOSE lies on this distribution: 14% of detached houses are smaller than 2 WETHERBY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cheadle.
2 WETHERBY CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 WETHERBY 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 WETHERBY 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.
2 WETHERBY CLOSE is located in CHEADLE, in the ST10 postcode district. The below map shows the position of No. 2 on WETHERBY CLOSE.