18, HOLLOW LANE, CHEDDLETON, LEEK, ST13 7HP - £165,000

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.

18 HOLLOW LANE is a very small extended terraced house of 67m², built sometime before 1900, which could now be worth an estimated £225,926. It was last sold for £165,000 in February 2019, which was around 37% above the average February 2019 terraced price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

18 HOLLOW LANE Sold Prices

Land registry data shows three sales for 18 HOLLOW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Staffordshire Moorlands local authority area for the corresponding sale date. All of the three 18 HOLLOW LANE 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 7 FEB	£165,000	£120,369	37% above HPI
2016 11 APR	£155,000	£103,458	50% above HPI
2009 20 NOV	£108,000	£100,019	8% above HPI

18 HOLLOW LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The three 18 HOLLOW LANE sales between November 2009 and February 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 April 2016 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2019 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 18 HOLLOW LANE be worth now?

18 HOLLOW LANE might now be worth an estimated £225,926.

This is based on house price inflation of 36.9%, between February 2019 and May 2026, for terraced houses, in the Staffordshire Moorlands local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.9% inflationary increase is applied to the most recent sale price for 18 HOLLOW LANE of £165,000 on 7th February 2019. For the value to have increased from £165,000 to £225,926 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 18 HOLLOW LANE has moved in line with the HPI for terraced houses in the Staffordshire Moorlands local authority area.
• The February 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOLLOW LANE has not materially changed since February 2019.

How Large is 18 HOLLOW LANE?

18 HOLLOW LANE is 67m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of terraced houses houses in Cheddleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cheddleton, and where 18 HOLLOW LANE lies on this distribution: 11% of terraced houses houses are smaller than 18 HOLLOW LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cheddleton.

18 HOLLOW LANE: Plot and Title Map

18 HOLLOW LANE sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 18 HOLLOW LANE, 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 18 HOLLOW LANE). 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 18 HOLLOW LANE?

18 HOLLOW LANE is located in CHEDDLETON, in the ST13 postcode district. The below map shows the position of No. 18 on HOLLOW LANE.