7, RIVER LEA MEWS, MADELEY, CREWE, CW3 9EH - £318,000

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

7 RIVER LEA MEWS is a large detached house of 145m², built sometime between 1991 and 1995. It was last sold for £318,000 in August 2018, which was around 38% above the average August 2018 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

7 RIVER LEA MEWS Sold Prices

Land registry data shows two sales for 7 RIVER LEA MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. Both of the two 7 RIVER LEA MEWS 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
2018 17 AUG	£318,000	£229,945	38% above HPI
1996 23 AUG	£95,000	£64,654	47% above HPI

7 RIVER LEA MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The two 7 RIVER LEA MEWS sales from August 1996 and August 2018 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 1996 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2018 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 7 RIVER LEA MEWS?

7 RIVER LEA MEWS is 145m² according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley, and where 7 RIVER LEA MEWS lies on this distribution: 73% of detached houses are smaller than 7 RIVER LEA MEWS, and 27% of houses are larger. Note that EPC data is not available for all properties in Madeley.

7 RIVER LEA MEWS: Plot and Title Map

7 RIVER LEA MEWS sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 7 RIVER LEA MEWS, 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 7 RIVER LEA MEWS). 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 7 RIVER LEA MEWS?

7 RIVER LEA MEWS is located in MADELEY, in the CW3 postcode district. The below map shows the position of No. 7 on RIVER LEA MEWS.