2, PARK CLOSE, MADELEY, CREWE, CW3 9HP - £435,000

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.

2 PARK CLOSE is a large extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £473,513. It was last sold for £435,000 in May 2023, which was around 53% above the average May 2023 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

2 PARK CLOSE Sold Prices

Land registry data shows one sale for 2 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 26 MAY	£435,000	£285,104	53% above HPI

What might 2 PARK CLOSE be worth now?

2 PARK CLOSE might now be worth an estimated £473,513.

This is based on house price inflation of 8.9%, between May 2023 and May 2026, for detached 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 8.9% inflationary increase is applied to the most recent sale price for 2 PARK CLOSE of £435,000 on 26th May 2023. For the value to have increased from £435,000 to £473,513 over the three years to May 2026, the following assumptions must hold true:

• The value of 2 PARK CLOSE has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The May 2023 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK CLOSE has not materially changed since May 2023.

How Large is 2 PARK CLOSE?

2 PARK CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley, and where 2 PARK CLOSE lies on this distribution: 70% of detached houses are smaller than 2 PARK CLOSE, and 30% of detached houses are larger. Note that EPC data is not available for all properties in Madeley.

2 PARK CLOSE: Plot

2 PARK CLOSE sits on a plot of roughly 0.246 of an acre, or 994m².

Where is 2 PARK CLOSE?

2 PARK CLOSE is located in MADELEY, in the CW3 postcode district.