THE LARCHES, WALLS WOOD, BALDWINS GATE, NEWCASTLE, ST5 5LD - £525,000

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

THE LARCHES is a midsized extended detached house of 180m², built sometime between 1996 and 2002. It was last sold for £525,000 in December 2023, which was around 79% above the average December 2023 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

THE LARCHES Sold Prices

Land registry data shows four sales for THE LARCHES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the four THE LARCHES 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
2023 12 DEC	£525,000	£293,211	79% above HPI
2004 26 AUG	£338,000	£164,266	106% above HPI
2004 30 JUL	£340,000	£163,096	108% above HPI
1998 3 APR	£177,500	£71,271	149% above HPI

THE LARCHES 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 four THE LARCHES sales between April 1998 and December 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 August 2004 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the December 2023 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is THE LARCHES?

THE LARCHES is 180m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Madeley Park, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley Park, and where THE LARCHES lies on this distribution: 44% of detached houses are smaller than THE LARCHES, and 56% of houses are larger. Note that EPC data is not available for all properties in Madeley Park.

THE LARCHES: Plot and Title Map

THE LARCHES sits on a plot of roughly 0.343 of an acre, or 1,387m². The below map shows the location of THE LARCHES, 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 THE LARCHES). 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 THE LARCHES?

THE LARCHES is located on WALLS WOOD in BALDWINS GATE, in the ST5 postcode district. The below map shows the position of THE LARCHES on WALLS WOOD.