FAIRWAYS, CHAPEL LANE, HARRISEAHEAD, STOKE-ON-TRENT, ST7 4JW - £197,500

FAIRWAYS is a small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £197,500 in February 2020, which was around 17% below the average February 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

FAIRWAYS Sold Prices

Land registry data shows six sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the six FAIRWAYS 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
2020 21 FEB	£197,500	£237,960	17% below HPI
2020 31 JAN	£190,000	£237,729	20% below HPI
2015 14 AUG	£168,000	£204,456	18% below HPI
2007 2 APR	£164,500	£197,084	17% below HPI
2001 7 DEC	£79,000	£94,711	17% below HPI
1998 10 JUL	£63,450	£75,672	16% below HPI

FAIRWAYS 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 six FAIRWAYS sales between July 1998 and February 2020 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 January 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 72m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Harriseahead, based on EPC data. The below chart shows the distribution of detached houses by size in Harriseahead, and where FAIRWAYS lies on this distribution: 34% of detached houses are smaller than FAIRWAYS, and 64% of houses are larger. Note that EPC data is not available for all properties in Harriseahead.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on CHAPEL LANE in HARRISEAHEAD, in the ST7 postcode district. The below map shows the position of FAIRWAYS on CHAPEL LANE.