BANK HOUSE, MAIN ROAD, BETLEY, CREWE, CW3 9AB - £525,000

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

BANK HOUSE is a very large extended detached house of 186m², built sometime before 1900. It was last sold for £525,000 in February 2007, which was around 172% above the average February 2007 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

BANK HOUSE Sold Prices

Land registry data shows two sales for BANK HOUSE 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 BANK HOUSE 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
2007 9 FEB	£525,000	£192,685	172% above HPI
1997 21 FEB	£160,000	£65,436	145% above HPI

BANK HOUSE 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 BANK HOUSE sales from February 1997 and February 2007 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 1997 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the February 2007 sale, where it rises to 172% above the HPI. The line then continues to track at 172% above the HPI.

How Large is BANK HOUSE?

BANK HOUSE is 186m², which includes four extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses in Betley, based on EPC data. The below chart shows the distribution of detached houses by size in Betley, and where BANK HOUSE lies on this distribution: 80% of detached houses are smaller than BANK HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Betley.

BANK HOUSE: Plot and Title Map

BANK HOUSE sits on a plot of roughly 0.239 of an acre, or 969m². The below map shows the location of BANK HOUSE, 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 BANK HOUSE). 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 BANK HOUSE?

BANK HOUSE is located on MAIN ROAD in BETLEY, in the CW3 postcode district. The below map shows the position of BANK HOUSE on MAIN ROAD.