31, NEW ROAD, MADELEY, CREWE, CW3 9HD - £240,000

31 NEW ROAD is a midsized extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £240,000 in November 2018, which was around 4% above the average November 2018 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

31 NEW ROAD Sold Prices

Land registry data shows two sales for 31 NEW ROAD 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 31 NEW ROAD sales was for above the average price, whilst the other was 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
2018 23 NOV	£240,000	£231,597	4% above HPI
2017 31 AUG	£150,000	£207,517	28% below HPI

31 NEW ROAD 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 31 NEW ROAD sales from August 2017 and November 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 August 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 31 NEW ROAD?

31 NEW ROAD is 124m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley, and where 31 NEW ROAD lies on this distribution: 55% of detached houses are smaller than 31 NEW ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Madeley.

31 NEW ROAD: Plot and Title Map

31 NEW ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 31 NEW ROAD, 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 31 NEW ROAD). 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 31 NEW ROAD?

31 NEW ROAD is located in MADELEY, in the CW3 postcode district. The below map shows the position of No. 31 on NEW ROAD.