3, FORTY ACRE CLOSE, LOGGERHEADS, MARKET DRAYTON, TF9 4RQ - £280,000

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.

3 FORTY ACRE CLOSE is a large detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £425,775. It was last sold for £280,000 in September 2015, which was around 41% above the average September 2015 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was C.

3 FORTY ACRE CLOSE Sold Prices

Land registry data shows three sales for 3 FORTY ACRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the three 3 FORTY ACRE CLOSE sales were 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
2015 25 SEP	£280,000	£198,606	41% above HPI
2007 25 MAY	£248,000	£195,399	27% above HPI
1997 18 APR	£105,000	£68,842	53% above HPI

3 FORTY ACRE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The three 3 FORTY ACRE CLOSE sales between April 1997 and September 2015 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 May 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2015 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 3 FORTY ACRE CLOSE be worth now?

3 FORTY ACRE CLOSE might now be worth an estimated £425,775.

This is based on house price inflation of 52.1%, between September 2015 and February 2025, 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 52.1% inflationary increase is applied to the most recent sale price for 3 FORTY ACRE CLOSE of £280,000 on 25th September 2015. For the value to have increased from £280,000 to £425,775 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 FORTY ACRE CLOSE has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The September 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORTY ACRE CLOSE has not materially changed since September 2015.

How Large is 3 FORTY ACRE CLOSE?

3 FORTY ACRE CLOSE is 152m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses houses in Loggerheads, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loggerheads, and where 3 FORTY ACRE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 3 FORTY ACRE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

3 FORTY ACRE CLOSE: Plot and Title Map

3 FORTY ACRE CLOSE sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 3 FORTY ACRE CLOSE, 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 3 FORTY ACRE CLOSE). 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.

Where is 3 FORTY ACRE CLOSE?

3 FORTY ACRE CLOSE is located in LOGGERHEADS, in the TF9 postcode district. The below map shows the position of No. 3 on FORTY ACRE CLOSE.