# House prices in CW5 7 (Stapeley)

This article reveals price per square metre data and various charts to help you understand current housing market in Stapeley, Nantwich (CW5 7).

## Defining 'CW5 7'

This analysis is limited to properties whose postcode starts with "CW5 7", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Stapeley.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Stapeley is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 142, Audlem Road, Stapeley, Nantwich, sold for £65,000 on Feb-2024. Given the internal area of 91 square metres, the price per sqm is £714.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 230 sales in Stapeley (CW5 7) that took place in the last two years.

##### Distribution of £ per sqm for Stapeley, Nantwich
Distribution of £ per sqm house prices in Stapeley

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Stapeley (CW5 7). Of the 230 transactions, half were sold for between £2,500 and £3,370 per square metre. The median, or 'middle', price per square metre in 'CW5 7' is £2,970. Notably, only 25% of properties that sold recently were valued at more than £3,370 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Stapeley, Nantwich

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Nantwich. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Stapeley, Nantwich

## Comparison with neighbouring postcode sectors

The table below shows how 'CW5 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CW5 5 Nantwich £2,150 sqm £2,560 sqm £3,200 sqm
CW5 6 Willaston £2,560 sqm £2,980 sqm £3,540 sqm
CW5 7 Stapeley £2,500 sqm £2,970 sqm £3,370 sqm
CW5 8 Wrenbury £2,590 sqm £3,130 sqm £3,740 sqm

## Will Nantwich house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CW5 7 (Stapeley) compared with both the wider area CW5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Stapeley,Nantwich
House price trends for Stapeley

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent CW5 7 sales
Recent trends for Stapeley

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Nantwich to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Nantwich and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Clonners Field, Stapeley, CW5 7G 94 sqm £2,600 25
London Road, Stapeley, CW5 7J 168 sqm £2,986 22
Dig Lane, Stapeley, CW5 7E 93 sqm £2,880 17
Wybunbury Road, Stapeley, CW5 7J 71 sqm £2,691 15
Horton Way, Stapeley, CW5 7G 100 sqm £2,312 15
Station View, Stapeley, CW5 7B 67 sqm £2,283 13
Newcastle Road, Stapeley, CW5 7E 171 sqm £2,550 13
Haydn Jones Drive, Stapeley, CW5 7G 139 sqm £2,385 12

Search for your street here.

## Raw data

Our analysis of Stapeley is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
142, Audlem Rd, Stapeley, Nantwich £65,000
Feb-2024
91 714
1 Horseshoe Court, Newcastle Rd, Stapeley, Nantwich £575,000
Feb-2024
186 3,091
47, Green Lane, Stapeley, Nantwich £305,000
Feb-2024
76 4,013

#### About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.