6, NICHOLSON WAY, LEEK, ST13 8TF - £250,000

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

6 NICHOLSON WAY is a very small detached house of 52m², built sometime between 1983 and 1990. It was last sold for £250,000 in March 2021, which was around 9% below the average March 2021 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

6 NICHOLSON WAY Sold Prices

Land registry data shows two sales for 6 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 6 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
2021 9 MAR	£250,000	£275,564	9% below HPI
2005 28 OCT	£144,500	£187,367	23% below HPI

6 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 6 NICHOLSON WAY sales from October 2005 and March 2021 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 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 6 NICHOLSON WAY?

6 NICHOLSON WAY is 52m² according to the EPC inspection conducted in December 2020. 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 6 NICHOLSON WAY lies on this distribution: 3% of detached houses are smaller than 6 NICHOLSON WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Leek.

6 NICHOLSON WAY: Plot and Title Map

6 NICHOLSON WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 6 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 6 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 6 NICHOLSON WAY?

6 NICHOLSON WAY is located in LEEK, in the ST13 postcode district. The below map shows the position of No. 6 on NICHOLSON WAY.