2, WOOD VIEW, WOOD LANE, STOKE-ON-TRENT, ST7 8QU - £400,000

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 WOOD VIEW is a very large extended detached house of 197m², built sometime between 1996 and 2002. It was last sold for £400,000 in May 2024, which was around 39% above the average May 2024 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

2 WOOD VIEW Sold Prices

Land registry data shows three sales for 2 WOOD VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the three 2 WOOD VIEW sales were for above 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
2024 24 MAY	£400,000	£288,318	39% above HPI
2011 26 JAN	£250,000	£185,859	35% above HPI
1999 19 JUL	£118,000	£73,188	61% above HPI

2 WOOD VIEW 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 three 2 WOOD VIEW sales between July 1999 and May 2024 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 2011 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2024 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 2 WOOD VIEW?

2 WOOD VIEW is 197m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% 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 2 WOOD VIEW lies on this distribution: 98% of detached houses are smaller than 2 WOOD VIEW, and 2% of houses are larger. Note that EPC data is not available for all properties in Wood Lane.

2 WOOD VIEW: Plot and Title Map

2 WOOD VIEW sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 2 WOOD VIEW, 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 WOOD VIEW). 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 WOOD VIEW?

2 WOOD VIEW is located in WOOD LANE, in the ST7 postcode district. The below map shows the position of No. 2 on WOOD VIEW.