42, EDWARDS WAY, ALSAGER, STOKE-ON-TRENT, ST7 2YB - £265,000

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

42 EDWARDS WAY is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £265,000 in July 2022, which was around 39% below the average July 2022 detached price in the Cheshire East 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.

42 EDWARDS WAY Sold Prices

Land registry data shows five sales for 42 EDWARDS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the five 42 EDWARDS 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
2022 15 JUL	£265,000	£436,161	39% below HPI
2016 11 FEB	£195,000	£318,407	39% below HPI
2007 20 APR	£189,000	£289,476	35% below HPI
2003 17 OCT	£136,250	£220,573	38% below HPI
1997 5 SEP	£71,000	£108,216	34% below HPI

42 EDWARDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The five 42 EDWARDS WAY sales between September 1997 and July 2022 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 February 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, which was also at 39% below the HPI.

How Large is 42 EDWARDS WAY?

42 EDWARDS WAY is 92m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Alsager, based on EPC data. The below chart shows the distribution of detached houses by size in Alsager, and where 42 EDWARDS WAY lies on this distribution: 22% of detached houses are smaller than 42 EDWARDS WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Alsager.

42 EDWARDS WAY: Plot and Title Map

42 EDWARDS WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 42 EDWARDS 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 42 EDWARDS 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 42 EDWARDS WAY?

42 EDWARDS WAY is located in ALSAGER, in the ST7 postcode district. The below map shows the position of No. 42 on EDWARDS WAY.