23, NICHOLSON WAY, LEEK, ST13 8TF - £140,000

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

23 NICHOLSON WAY is a small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £140,000 in November 2015, which was around 35% below the average November 2015 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

23 NICHOLSON WAY Sold Prices

Land registry data shows two sales for 23 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 23 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
2015 11 NOV	£140,000	£213,833	35% below HPI
2009 18 NOV	£170,000	£194,603	13% below HPI

23 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 23 NICHOLSON WAY sales from November 2009 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 November 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2015 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 23 NICHOLSON WAY?

23 NICHOLSON WAY is 76m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Leek, based on EPC data. The below chart shows the distribution of detached houses by size in Leek, and where 23 NICHOLSON WAY lies on this distribution: 23% of detached houses are smaller than 23 NICHOLSON WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Leek.

23 NICHOLSON WAY: Plot and Title Map

23 NICHOLSON WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 23 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 23 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 23 NICHOLSON WAY?

23 NICHOLSON WAY is located in LEEK, in the ST13 postcode district. The below map shows the position of No. 23 on NICHOLSON WAY.