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
HOPE HOUSE is a very large detached house of 154m², built sometime before 1900. It was last sold for £425,000 in July 2018, which was around 79% above the average July 2018 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for HOPE HOUSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. One of the two HOPE HOUSE 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 |
---|---|---|---|
2018 6 JUL | £425,000 | £237,929 | 79% above HPI |
2016 31 AUG | £175,000 | £216,967 | 19% below HPI |
The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The two HOPE HOUSE sales from August 2016 and July 2018 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 August 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2018 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.
HOPE HOUSE is 154m² according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Biddulph Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Biddulph Moor, and where HOPE HOUSE lies on this distribution: 90% of detached houses are smaller than HOPE HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Biddulph Moor.
HOPE HOUSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of HOPE 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 HOPE 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.
HOPE HOUSE is located on WRAGGS LANE in BIDDULPH MOOR, in the ST8 postcode district. The below map shows the position of HOPE HOUSE on WRAGGS LANE.