4, PARK CLOSE, MADELEY, CREWE, CW3 9HP - £340,000

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.

4 PARK CLOSE is a very large extended detached house of 185m², built sometime between 1983 and 1990, which could now be worth an estimated £464,799. It was last sold for £340,000 in June 2019, which was around 50% above the average June 2019 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

4 PARK CLOSE Sold Prices

Land registry data shows one sale for 4 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
2019 5 JUN	£340,000	£227,018	50% above HPI

What might 4 PARK CLOSE be worth now?

4 PARK CLOSE might now be worth an estimated £464,799.

This is based on house price inflation of 36.7%, between June 2019 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 36.7% inflationary increase is applied to the most recent sale price for 4 PARK CLOSE of £340,000 on 5th June 2019. For the value to have increased from £340,000 to £464,799 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 4 PARK CLOSE has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The June 2019 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK CLOSE has not materially changed since June 2019.

How Large is 4 PARK CLOSE?

4 PARK CLOSE is 185m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley, and where 4 PARK CLOSE lies on this distribution: 88% of detached houses are smaller than 4 PARK CLOSE, and 12% of detached houses are larger. Note that EPC data is not available for all properties in Madeley.

4 PARK CLOSE: Plot

4 PARK CLOSE sits on a plot of roughly 0.275 of an acre, or 1,113m².

Where is 4 PARK CLOSE?

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