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
87 SPEY DRIVE is a large detached house of 105m², built sometime between 1967 and 1975. It was last sold for £166,500 in May 2015, which was around 16% below the average May 2015 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 87 SPEY DRIVE 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 87 SPEY DRIVE 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 |
---|---|---|---|
2015 12 MAY | £166,500 | £198,136 | 16% below HPI |
1997 21 MAR | £62,000 | £67,614 | 8% below HPI |
1996 31 OCT | £59,950 | £66,998 | 11% 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 87 SPEY DRIVE sales between October 1996 and May 2015 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 March 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
87 SPEY DRIVE is 105m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 87 SPEY DRIVE lies on this distribution: 63% of detached houses are smaller than 87 SPEY DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.
87 SPEY DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 87 SPEY DRIVE, 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 87 SPEY DRIVE). 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.
87 SPEY DRIVE is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 87 on SPEY DRIVE.