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 OAKS is a large detached house of 230m², built sometime between 1996 and 2002. It was last sold for £485,000 in November 2016, which was around 127% above the average November 2016 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for THE OAKS since 1st 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 THE OAKS 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 3 NOV | £485,000 | £213,928 | 127% above HPI |
2002 18 OCT | £345,000 | £111,741 | 209% above HPI |
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 THE OAKS sales from October 2002 and November 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 October 2002 sale was for 209% above the HPI. So the extrapolation line tracks at 209% above the HPI over time, until the November 2016 sale, where it falls to 127% above the HPI. The line then continues to track at 127% above the HPI.
THE OAKS is 230m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% 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 OAKS lies on this distribution: 79% of detached houses are smaller than THE OAKS, and 21% of houses are larger. Note that EPC data is not available for all properties in Madeley Park.
THE OAKS sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of THE OAKS, 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 OAKS). 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.
THE OAKS is located on WALLS WOOD in BALDWINS GATE, in the ST5 postcode district. The below map shows the position of THE OAKS on WALLS WOOD.