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
THE RISE is a midsized extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £370,000 in January 2018, which was around 38% above the average January 2018 detached price in the East Staffordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for THE RISE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. Most of the four THE RISE 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 |
---|---|---|---|
2018 19 JAN | £370,000 | £268,392 | 38% above HPI |
2004 23 SEP | £225,000 | £194,161 | 16% above HPI |
1999 1 DEC | £135,000 | £91,074 | 48% above HPI |
1995 29 SEP | £66,000 | £66,713 | 1% below HPI |
The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The four THE RISE sales between September 1995 and January 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 September 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2018 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.
THE RISE is 133m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Marchington, based on EPC data. The below chart shows the distribution of detached houses by size in Marchington, and where THE RISE lies on this distribution: 45% of detached houses are smaller than THE RISE, and 53% of houses are larger. Note that EPC data is not available for all properties in Marchington.
THE RISE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of THE RISE, 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 RISE). 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 RISE is located on ALLENS LANE in MARCHINGTON, in the ST14 postcode district. The below map shows the position of THE RISE on ALLENS LANE.