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
4 ALDER CLOSE is a small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £251,000 in June 2023, which was around 14% below the average June 2023 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 ALDER CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the three 4 ALDER CLOSE 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 30 JUN | £251,000 | £293,144 | 14% below HPI |
2016 5 AUG | £165,000 | £214,145 | 23% below HPI |
2012 30 JUL | £152,500 | £179,441 | 15% below HPI |
The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The three 4 ALDER CLOSE sales between July 2012 and June 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 August 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
4 ALDER CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 4 ALDER CLOSE lies on this distribution: 28% of detached houses are smaller than 4 ALDER CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.
4 ALDER CLOSE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 4 ALDER CLOSE, 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 4 ALDER CLOSE). 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.
4 ALDER CLOSE is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 4 on ALDER CLOSE.