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
8 ALDERHAY LANE is a very small extended detached house of 61m², built sometime before 1900. It was last sold for £123,900 in September 2018, which was around 46% below the average September 2018 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 8 ALDERHAY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the three 8 ALDERHAY LANE 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 |
---|---|---|---|
2018 27 SEP | £123,900 | £228,327 | 46% below HPI |
2005 30 SEP | £108,000 | £182,011 | 41% below HPI |
2002 30 MAY | £55,500 | £98,950 | 44% below HPI |
The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The three 8 ALDERHAY LANE sales between May 2002 and September 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 September 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
8 ALDERHAY LANE is 61m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 8 ALDERHAY LANE lies on this distribution: 5% of detached houses are smaller than 8 ALDERHAY LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.
8 ALDERHAY LANE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 8 ALDERHAY 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 8 ALDERHAY 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.
8 ALDERHAY LANE is located in ROOKERY, in the ST7 postcode district. The below map shows the position of No. 8 on ALDERHAY LANE.