Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 CHESTNUT CLOSE is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £243,000 in December 2018, which was around 1% below the average December 2018 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 8 CHESTNUT CLOSE since 1st 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 8 CHESTNUT CLOSE 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 14 DEC | £243,000 | £245,763 | 1% below HPI |
2004 27 FEB | £140,000 | £158,586 | 12% below HPI |
The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The two 8 CHESTNUT CLOSE sales from February 2004 and December 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 February 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
8 CHESTNUT CLOSE is 118m² according to the EPC inspection conducted in September 2010. This puts it in the largest 50% of detached houses in Upper Tean, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Tean, and where 8 CHESTNUT CLOSE lies on this distribution: 59% of detached houses are smaller than 8 CHESTNUT CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Upper Tean.
8 CHESTNUT CLOSE sits on a plot of roughly 0.135 of an acre, or 544m². The below map shows the location of 8 CHESTNUT CLOSE, 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 CHESTNUT CLOSE). 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 CHESTNUT CLOSE is located in TEAN, in the ST10 postcode district. The below map shows the position of No. 8 on CHESTNUT CLOSE.