21, NICHOLSON WAY, LEEK, ST13 8TF - £220,000

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

21 NICHOLSON WAY is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £220,000 in April 2021, which was around 21% below the average April 2021 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

21 NICHOLSON WAY Sold Prices

Land registry data shows two sales for 21 NICHOLSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. Both of the two 21 NICHOLSON WAY 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
2021 1 APR	£220,000	£277,784	21% below HPI
2010 28 SEP	£182,500	£195,602	7% below HPI

21 NICHOLSON WAY 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 two 21 NICHOLSON WAY sales from September 2010 and April 2021 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 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 21 NICHOLSON WAY?

21 NICHOLSON WAY is 71m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses in Leek, based on EPC data. The below chart shows the distribution of detached houses by size in Leek, and where 21 NICHOLSON WAY lies on this distribution: 15% of detached houses are smaller than 21 NICHOLSON WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Leek.

21 NICHOLSON WAY: Plot and Title Map

21 NICHOLSON WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 21 NICHOLSON WAY, 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 21 NICHOLSON WAY). 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 21 NICHOLSON WAY?

21 NICHOLSON WAY is located in LEEK, in the ST13 postcode district. The below map shows the position of No. 21 on NICHOLSON WAY.