HERVESTEN, VICARAGE LANE, MADELEY, CREWE, CW3 9PQ - £128,000

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

HERVESTEN is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £128,000 in March 2002, which was around 36% above the average March 2002 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

HERVESTEN Sold Prices

Land registry data shows two sales for HERVESTEN 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 HERVESTEN 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
2002 1 MAR	£128,000	£93,791	36% above HPI
1998 24 APR	£108,000	£71,271	52% above HPI

HERVESTEN 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 HERVESTEN sales from April 1998 and March 2002 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 April 1998 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the March 2002 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is HERVESTEN?

HERVESTEN is 127m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley, and where HERVESTEN lies on this distribution: 60% of detached houses are smaller than HERVESTEN, and 39% of houses are larger. Note that EPC data is not available for all properties in Madeley.

HERVESTEN: Plot and Title Map

HERVESTEN sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of HERVESTEN, 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 HERVESTEN). 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 HERVESTEN?

HERVESTEN is located on VICARAGE LANE in MADELEY, in the CW3 postcode district. The below map shows the position of HERVESTEN on VICARAGE LANE.