56, FESTIVAL CLOSE, STOKE-ON-TRENT, ST6 3LG - £142,500

56 FESTIVAL CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £142,500 in July 2019, which was around 21% below the average July 2019 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

56 FESTIVAL CLOSE Sold Prices

Land registry data shows three sales for 56 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. All of the three 56 FESTIVAL 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
2019 26 JUL	£142,500	£179,857	21% below HPI
2007 8 NOV	£140,000	£165,311	15% below HPI
2003 22 JAN	£78,500	£83,997	7% below HPI

56 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 56 FESTIVAL CLOSE sales between January 2003 and July 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 November 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 56 FESTIVAL CLOSE?

56 FESTIVAL CLOSE is 66m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 56 FESTIVAL CLOSE lies on this distribution: 14% of detached houses are smaller than 56 FESTIVAL CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

56 FESTIVAL CLOSE: Plot and Title Map

56 FESTIVAL CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 56 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 56 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 56 FESTIVAL CLOSE?

56 FESTIVAL CLOSE is located in STOKE-ON-TRENT, in the ST6 postcode district. The below map shows the position of No. 56 on FESTIVAL CLOSE.