27, MEGACRE, WOOD LANE, STOKE-ON-TRENT, ST7 8PA - £227,000

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

27 MEGACRE is a small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £227,000 in February 2019, which was around 2% below the average February 2019 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

27 MEGACRE Sold Prices

Land registry data shows two sales for 27 MEGACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. Both of the two 27 MEGACRE 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
2019 11 FEB	£227,000	£231,756	2% below HPI
2014 4 JUL	£180,000	£193,568	7% below HPI

27 MEGACRE 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 two 27 MEGACRE sales from July 2014 and February 2019 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 July 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 27 MEGACRE?

27 MEGACRE is 85m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% 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 27 MEGACRE lies on this distribution: 40% of detached houses are smaller than 27 MEGACRE, and 59% of houses are larger. Note that EPC data is not available for all properties in Wood Lane.

27 MEGACRE: Plot and Title Map

27 MEGACRE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 27 MEGACRE, 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 27 MEGACRE). 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 27 MEGACRE?

27 MEGACRE is located in WOOD LANE, in the ST7 postcode district. The below map shows the position of No. 27 on MEGACRE.