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 ESSEX PLACE is a very large extended semi-detached house of 170m², built sometime between 1930 and 1949. It was last sold for £255,000 in December 2016, which was around 19% above the average December 2016 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 8 ESSEX PLACE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the four 8 ESSEX PLACE 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 |
---|---|---|---|
2016 5 DEC | £255,000 | £213,689 | 19% above HPI |
2011 15 JUL | £211,000 | £182,715 | 15% above HPI |
2004 17 SEP | £180,000 | £168,199 | 7% above HPI |
1997 1 JUL | £90,000 | £68,845 | 31% above 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 four 8 ESSEX PLACE sales between July 1997 and December 2016 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 July 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
8 ESSEX PLACE is 170m², which includes two extensions, according to the EPC inspection conducted in October 2009. This puts it in the largest 20% of detached houses in Newcastle-under-Lyme, based on EPC data. The below chart shows the distribution of detached houses by size in Newcastle-under-Lyme, and where 8 ESSEX PLACE lies on this distribution: 90% of detached houses are smaller than 8 ESSEX PLACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Newcastle-under-Lyme.
8 ESSEX PLACE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 ESSEX PLACE, 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 ESSEX PLACE). 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 ESSEX PLACE is located in NEWCASTLE, in the ST5 postcode district. The below map shows the position of No. 8 on ESSEX PLACE.