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
TREE TOPS is a large extended detached house of 213m², built sometime between 1967 and 1975. It was last sold for £420,000 in July 2019, which was around 75% above the average July 2019 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for TREE TOPS 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 TREE TOPS 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 |
---|---|---|---|
2019 26 JUL | £420,000 | £240,240 | 75% above HPI |
1998 5 JUN | £202,000 | £73,216 | 176% 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 TREE TOPS sales from June 1998 and July 2019 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 June 1998 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the July 2019 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.
TREE TOPS is 213m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% 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 TREE TOPS lies on this distribution: 63% of detached houses are smaller than TREE TOPS, and 37% of houses are larger. Note that EPC data is not available for all properties in Madeley Park.
TREE TOPS sits on a plot of roughly 1.1 acres, or 4,363m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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.
TREE TOPS is located on MANOR ROAD in MADELEY, in the CW3 postcode district. The below map shows the position of TREE TOPS on MANOR ROAD.