Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 MARKET DRAYTON ROAD is a small extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £264,950 in March 2011, which was around 48% above the average March 2011 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 2 MARKET DRAYTON ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. One of the two 2 MARKET DRAYTON ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2011 11 MAR | £264,950 | £178,540 | 48% above HPI |
1999 5 NOV | £68,500 | £77,647 | 12% below HPI |
The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The two 2 MARKET DRAYTON ROAD sales from November 1999 and March 2011 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 November 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2011 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.
2 MARKET DRAYTON ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Loggerheads, based on EPC data. The below chart shows the distribution of detached houses by size in Loggerheads, and where 2 MARKET DRAYTON ROAD lies on this distribution: 32% of detached houses are smaller than 2 MARKET DRAYTON ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.
2 MARKET DRAYTON ROAD sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 2 MARKET DRAYTON ROAD, 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 2 MARKET DRAYTON ROAD). 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.
2 MARKET DRAYTON ROAD is located in LOGGERHEADS, in the TF9 postcode district. The below map shows the position of No. 2 on MARKET DRAYTON ROAD.