38, FESTIVAL CLOSE, STOKE-ON-TRENT, ST6 3LG - £115,000

38 FESTIVAL CLOSE is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £115,000 in October 2013, which was around 19% below the average October 2013 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

38 FESTIVAL CLOSE Sold Prices

Land registry data shows three sales for 38 FESTIVAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stoke-on-Trent local authority area for the corresponding sale date. Two of the three 38 FESTIVAL CLOSE sales were for below the average price, whilst one 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
2013 8 OCT	£115,000	£142,419	19% below HPI
2005 30 MAR	£138,000	£129,868	6% above HPI
2003 10 JUL	£74,575	£90,221	17% below HPI

38 FESTIVAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stoke-on-Trent local authority area over time, sourced from the HPI. The three 38 FESTIVAL CLOSE sales between July 2003 and October 2013 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 March 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 FESTIVAL CLOSE?

38 FESTIVAL CLOSE is 58m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Stoke-on-Trent, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke-on-Trent, and where 38 FESTIVAL CLOSE lies on this distribution: 6% of detached houses are smaller than 38 FESTIVAL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

38 FESTIVAL CLOSE: Plot and Title Map

38 FESTIVAL CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 38 FESTIVAL 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 38 FESTIVAL 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 38 FESTIVAL CLOSE?

38 FESTIVAL CLOSE is located in STOKE-ON-TRENT, in the ST6 postcode district. The below map shows the position of No. 38 on FESTIVAL CLOSE.