19, DANIEL WELLS CLOSE, ALSAGER, STOKE-ON-TRENT, ST7 2JD - £93,500

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.

19 DANIEL WELLS CLOSE is a very small semi-detached house of 70m², built in 2019, which could now be worth an estimated £126,242. It was last sold for £93,500 in August 2020, which was around 56% below the average August 2020 semi-detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

19 DANIEL WELLS CLOSE Sold Prices

Land registry data shows two sales for 19 DANIEL WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheshire East local authority area for the corresponding sale date. One of the two 19 DANIEL WELLS CLOSE sales was for below the average price, whilst the other 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
2020 10 AUG	£93,500	£214,743	56% below HPI
2018 7 SEP	£1,300,000	£207,416	527% above HPI

19 DANIEL WELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 19 DANIEL WELLS CLOSE sales from September 2018 and August 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 September 2018 sale was for 527% above the HPI. So the extrapolation line tracks at 527% above the HPI over time, until the August 2020 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 19 DANIEL WELLS CLOSE be worth now?

19 DANIEL WELLS CLOSE might now be worth an estimated £126,242.

This is based on house price inflation of 35%, between August 2020 and May 2026, for semi-detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35% inflationary increase is applied to the most recent sale price for 19 DANIEL WELLS CLOSE of £93,500 on 10th August 2020. For the value to have increased from £93,500 to £126,242 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 19 DANIEL WELLS CLOSE has moved in line with the HPI for semi-detached houses in the Cheshire East local authority area.
• The August 2020 sale price of £93,500 represented a fair market value for the property.
• The size, condition, and specification of 19 DANIEL WELLS CLOSE has not materially changed since August 2020.

How Large is 19 DANIEL WELLS CLOSE?

19 DANIEL WELLS CLOSE is 70m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of semi-detached houses in Alsager, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Alsager, and where 19 DANIEL WELLS CLOSE lies on this distribution: 19% of semi-detached houses are smaller than 19 DANIEL WELLS CLOSE, and 78% of semi-detached houses are larger. Note that EPC data is not available for all properties in Alsager.

Where is 19 DANIEL WELLS CLOSE?

19 DANIEL WELLS CLOSE is located in ALSAGER, in the ST7 postcode district.