GREENACRE, CHURCH LANE, BETLEY, CREWE, CW3 9AX - £390,000

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

GREENACRE is a small extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £390,000 in June 2023, which was around 33% above the average June 2023 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

GREENACRE Sold Prices

Land registry data shows two sales for GREENACRE 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. One of the two GREENACRE sales was for above the average price, whilst the other was 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
2023 30 JUN	£390,000	£293,144	33% above HPI
2011 4 NOV	£170,000	£181,006	6% below HPI

GREENACRE 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 GREENACRE sales from November 2011 and June 2023 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 November 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is GREENACRE?

GREENACRE is 120m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Betley, based on EPC data. The below chart shows the distribution of detached houses by size in Betley, and where GREENACRE lies on this distribution: 22% of detached houses are smaller than GREENACRE, and 78% of houses are larger. Note that EPC data is not available for all properties in Betley.

GREENACRE: Plot and Title Map

GREENACRE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of GREENACRE, 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 GREENACRE). 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 GREENACRE?

GREENACRE is located on CHURCH LANE in BETLEY, in the CW3 postcode district. The below map shows the position of GREENACRE on CHURCH LANE.