SUMMERLEA, SALTERSFORD LANE, ALTON, STOKE-ON-TRENT, ST10 4AU - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SUMMERLEA is a small detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £428,888. It was last sold for £295,000 in September 2016, which was around 31% above the average September 2016 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

SUMMERLEA Sold Prices

Land registry data shows four sales for SUMMERLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. Most of the four SUMMERLEA 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
2016 19 SEP	£295,000	£224,579	31% above HPI
2006 12 APR	£315,000	£194,707	62% above HPI
2002 10 MAY	£175,500	£110,985	58% above HPI
2000 26 JUN	£80,000	£82,842	3% below HPI

SUMMERLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The four SUMMERLEA sales between June 2000 and September 2016 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 2006 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might SUMMERLEA be worth now?

SUMMERLEA might now be worth an estimated £428,888.

This is based on house price inflation of 45.4%, between September 2016 and February 2025, for detached houses, in the Staffordshire Moorlands local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.4% inflationary increase is applied to the most recent sale price for SUMMERLEA of £295,000 on 19th September 2016. For the value to have increased from £295,000 to £428,888 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of SUMMERLEA has moved in line with the HPI for detached houses in the Staffordshire Moorlands local authority area.
• The September 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMERLEA has not materially changed since September 2016.

How Large is SUMMERLEA?

SUMMERLEA is 118m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses houses in Alton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alton, and where SUMMERLEA lies on this distribution: 33% of detached houses houses are smaller than SUMMERLEA, and 67% of houses are larger. Note that EPC data is not available for all properties in Alton.

SUMMERLEA: Plot and Title Map

SUMMERLEA sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of SUMMERLEA, 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 SUMMERLEA). 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 SUMMERLEA?

SUMMERLEA is located on SALTERSFORD LANE in ALTON, in the ST10 postcode district. The below map shows the position of SUMMERLEA on SALTERSFORD LANE.