1, WATERSIDE CLOSE, MADELEY, CREWE, CW3 9TH - £158,000

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.

1 WATERSIDE CLOSE is a very small detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £178,504. It was last sold for £158,000 in November 2021, which was around 41% below the average November 2021 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

1 WATERSIDE CLOSE Sold Prices

Land registry data shows two sales for 1 WATERSIDE CLOSE since 1^st 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. One of the two 1 WATERSIDE CLOSE sales was for below the average price, whilst the other was 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
2021 5 NOV	£158,000	£265,842	41% below HPI
2001 29 JAN	£89,950	£86,554	4% above HPI

1 WATERSIDE CLOSE 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 two 1 WATERSIDE CLOSE sales from January 2001 and November 2021 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 January 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 WATERSIDE CLOSE be worth now?

1 WATERSIDE CLOSE might now be worth an estimated £178,504.

This is based on house price inflation of 13%, between November 2021 and March 2025, for detached houses, in the Newcastle-under-Lyme local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 1 WATERSIDE CLOSE of £158,000 on 5th November 2021. For the value to have increased from £158,000 to £178,504 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 1 WATERSIDE CLOSE has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The November 2021 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WATERSIDE CLOSE has not materially changed since November 2021.

How Large is 1 WATERSIDE CLOSE?

1 WATERSIDE CLOSE is 72m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Madeley, and where 1 WATERSIDE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 1 WATERSIDE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Madeley.

1 WATERSIDE CLOSE: Plot and Title Map

1 WATERSIDE CLOSE sits on a plot of roughly 0.012 of an acre, or 47m². The below map shows the location of 1 WATERSIDE CLOSE, 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 1 WATERSIDE CLOSE). 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 1 WATERSIDE CLOSE?

1 WATERSIDE CLOSE is located in MADELEY, in the CW3 postcode district. The below map shows the position of No. 1 on WATERSIDE CLOSE.