OLD SCHOOL HOUSE, NEWCASTLE ROAD, MADELEY, CREWE, CW3 9JU - £220,000

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

OLD SCHOOL HOUSE is a small extended detached house of 104m², built sometime before 1900. It was last sold for £220,000 in October 2010, which was around 15% above the average October 2010 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for OLD SCHOOL 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 OLD SCHOOL 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
2010 7 OCT	£220,000	£191,628	15% above HPI
2006 29 SEP	£249,950	£190,775	31% above HPI

OLD SCHOOL 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 OLD SCHOOL HOUSE sales from September 2006 and October 2010 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 September 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 104m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 OLD SCHOOL HOUSE lies on this distribution: 38% of detached houses are smaller than OLD SCHOOL HOUSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Madeley.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located on NEWCASTLE ROAD in MADELEY, in the CW3 postcode district. The below map shows the position of OLD SCHOOL HOUSE on NEWCASTLE ROAD.