3, NICHOLSON WAY, LEEK, ST13 8TF - £240,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 NICHOLSON WAY is a very small extended semi-detached house of 73m², built sometime between 1983 and 1990. It was last sold for £240,000 in December 2023, which was around 21% below the average December 2023 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

3 NICHOLSON WAY Sold Prices

Land registry data shows three sales for 3 NICHOLSON WAY 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 3 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
2023 11 DEC	£240,000	£304,257	21% below HPI
2019 18 OCT	£190,000	£263,139	28% below HPI
2015 18 MAY	£145,000	£205,923	30% below HPI

3 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 three 3 NICHOLSON WAY sales between May 2015 and December 2023 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 October 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 NICHOLSON WAY?

3 NICHOLSON WAY is 73m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 3 NICHOLSON WAY lies on this distribution: 17% of detached houses are smaller than 3 NICHOLSON WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Leek.

3 NICHOLSON WAY: Plot and Title Map

3 NICHOLSON WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 3 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 3 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 3 NICHOLSON WAY?

3 NICHOLSON WAY is located in LEEK, in the ST13 postcode district. The below map shows the position of No. 3 on NICHOLSON WAY.