16, RED LION CLOSE, TALKE, STOKE-ON-TRENT, ST7 1SZ - £147,500

16 RED LION CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £147,500 in December 2020, which was around 42% below the average December 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

16 RED LION CLOSE Sold Prices

Land registry data shows five sales for 16 RED LION CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the five 16 RED LION CLOSE sales were for below 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
2020 11 DEC	£147,500	£253,510	42% below HPI
2009 18 DEC	£115,000	£179,893	36% below HPI
2004 26 NOV	£120,000	£170,040	29% below HPI
1998 17 APR	£49,000	£71,271	31% below HPI
1997 26 SEP	£23,000	£71,471	68% below HPI

16 RED LION 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 five 16 RED LION CLOSE sales between September 1997 and December 2020 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 December 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 16 RED LION CLOSE?

16 RED LION CLOSE is 56m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses in Talke, based on EPC data. The below chart shows the distribution of detached houses by size in Talke, and where 16 RED LION CLOSE lies on this distribution: 7% of detached houses are smaller than 16 RED LION CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Talke.

16 RED LION CLOSE: Plot and Title Map

16 RED LION CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 16 RED LION 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 16 RED LION 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 16 RED LION CLOSE?

16 RED LION CLOSE is located in TALKE, in the ST7 postcode district. The below map shows the position of No. 16 on RED LION CLOSE.