5, SALISBURY CLOSE, MADELEY, CREWE, CW3 9JG - £108,500

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.

5 SALISBURY CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £168,107. It was last sold for £108,500 in July 2015, which was around 8% above the average July 2015 terraced price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

5 SALISBURY CLOSE Sold Prices

Land registry data shows four sales for 5 SALISBURY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the four 5 SALISBURY CLOSE 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
2015 31 JUL	£108,500	£100,172	8% above HPI
2008 23 MAY	£112,000	£102,288	9% above HPI
2004 19 MAR	£84,000	£68,261	23% above HPI
2001 18 MAY	£47,000	£38,638	22% above HPI

5 SALISBURY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The four 5 SALISBURY CLOSE sales between May 2001 and July 2015 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 May 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 SALISBURY CLOSE be worth now?

5 SALISBURY CLOSE might now be worth an estimated £168,107.

This is based on house price inflation of 54.9%, between July 2015 and April 2026, for terraced 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 54.9% inflationary increase is applied to the most recent sale price for 5 SALISBURY CLOSE of £108,500 on 31st July 2015. For the value to have increased from £108,500 to £168,107 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 5 SALISBURY CLOSE has moved in line with the HPI for terraced houses in the Newcastle-under-Lyme local authority area.
• The July 2015 sale price of £108,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SALISBURY CLOSE has not materially changed since July 2015.

How Large is 5 SALISBURY CLOSE?

5 SALISBURY CLOSE is 54m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of terraced houses houses in Madeley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Madeley, and where 5 SALISBURY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 SALISBURY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Madeley.

5 SALISBURY CLOSE: Plot and Title Map

5 SALISBURY CLOSE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 5 SALISBURY 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 5 SALISBURY 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 5 SALISBURY CLOSE?

5 SALISBURY CLOSE is located in MADELEY, in the CW3 postcode district. The below map shows the position of No. 5 on SALISBURY CLOSE.