24, SMITHY LANE, BIDDULPH, STOKE-ON-TRENT, ST8 7EW - £200,000

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

24 SMITHY LANE is a small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £200,000 in December 2020, which was around 27% below the average December 2020 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

24 SMITHY LANE Sold Prices

Land registry data shows three sales for 24 SMITHY LANE 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. All of the three 24 SMITHY LANE 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
2020 11 DEC	£200,000	£273,458	27% below HPI
2011 8 DEC	£143,500	£191,124	25% below HPI
2006 29 SEP	£165,000	£197,498	16% below HPI

24 SMITHY LANE 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 24 SMITHY LANE sales between September 2006 and December 2020 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 December 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 24 SMITHY LANE?

24 SMITHY LANE is 74m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Biddulph, based on EPC data. The below chart shows the distribution of detached houses by size in Biddulph, and where 24 SMITHY LANE lies on this distribution: 24% of detached houses are smaller than 24 SMITHY LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Biddulph.

24 SMITHY LANE: Plot and Title Map

24 SMITHY LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 24 SMITHY LANE, 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 24 SMITHY LANE). 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 24 SMITHY LANE?

24 SMITHY LANE is located in BIDDULPH, in the ST8 postcode district. The below map shows the position of No. 24 on SMITHY LANE.