4, NICHOLSON WAY, LEEK, ST13 8TF - £159,000

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

4 NICHOLSON WAY is a very small detached house of 50m², built sometime between 1976 and 1982. It was last sold for £159,000 in June 2016, which was around 27% below the average June 2016 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

4 NICHOLSON WAY Sold Prices

Land registry data shows two sales for 4 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 4 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
2016 10 JUN	£159,000	£218,564	27% below HPI
2006 3 NOV	£152,000	£201,451	25% below HPI

4 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 4 NICHOLSON WAY sales from November 2006 and June 2016 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 NICHOLSON WAY?

4 NICHOLSON WAY is 50m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Leek, based on EPC data. The below chart shows the distribution of detached houses by size in Leek, and where 4 NICHOLSON WAY lies on this distribution: 2% of detached houses are smaller than 4 NICHOLSON WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Leek.

4 NICHOLSON WAY: Plot and Title Map

4 NICHOLSON WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 4 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 4 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 4 NICHOLSON WAY?

4 NICHOLSON WAY is located in LEEK, in the ST13 postcode district. The below map shows the position of No. 4 on NICHOLSON WAY.