55, CLOSE LANE, ALSAGER, STOKE-ON-TRENT, ST7 2JS - £502,500

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

55 CLOSE LANE is a very large detached house of 240m², built sometime between 1996 and 2002. It was last sold for £502,500 in July 2020, which was around 38% above the average July 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

55 CLOSE LANE Sold Prices

Land registry data shows four sales for 55 CLOSE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Most of the four 55 CLOSE LANE sales were for above 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
2020 10 JUL	£502,500	£364,359	38% above HPI
2015 16 SEP	£465,000	£321,419	45% above HPI
2004 11 FEB	£395,000	£225,193	75% above HPI
1999 12 NOV	£65,000	£124,626	48% below HPI

55 CLOSE LANE 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 four 55 CLOSE LANE sales between November 1999 and July 2020 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 September 2015 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 55 CLOSE LANE?

55 CLOSE LANE is 240m² according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses in Alsager, based on EPC data. The below chart shows the distribution of detached houses by size in Alsager, and where 55 CLOSE LANE lies on this distribution: 97% of detached houses are smaller than 55 CLOSE LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Alsager.

55 CLOSE LANE: Plot and Title Map

55 CLOSE LANE sits on a plot of roughly 0.230 of an acre, or 930m². The below map shows the location of 55 CLOSE LANE, 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 55 CLOSE LANE). 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 55 CLOSE LANE?

55 CLOSE LANE is located in ALSAGER, in the ST7 postcode district. The below map shows the position of No. 55 on CLOSE LANE.