9, LUGANO CLOSE, NEWCASTLE, ST5 2QF - £138,500

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

9 LUGANO CLOSE is a very small semi-detached house of 72m², built sometime between 1967 and 1975. It was last sold for £138,500 in August 2009, which was around 23% below the average August 2009 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

9 LUGANO CLOSE Sold Prices

Land registry data shows two sales for 9 LUGANO CLOSE 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 9 LUGANO 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
2009 27 AUG	£138,500	£179,886	23% below HPI
1997 31 OCT	£70,000	£71,983	3% below HPI

9 LUGANO CLOSE 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 9 LUGANO CLOSE sales from October 1997 and August 2009 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 October 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 LUGANO CLOSE?

9 LUGANO CLOSE is 72m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 9 LUGANO CLOSE lies on this distribution: 13% of detached houses are smaller than 9 LUGANO CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Newcastle-under-Lyme.

9 LUGANO CLOSE: Plot and Title Map

9 LUGANO CLOSE sits on a plot of roughly 57.4 acres, or 232,485m². The below map shows the location of 9 LUGANO 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 9 LUGANO 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.

Where is 9 LUGANO CLOSE?

9 LUGANO CLOSE is located in NEWCASTLE, in the ST5 postcode district. The below map shows the position of No. 9 on LUGANO CLOSE.