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
5 MARKET DRAYTON ROAD is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £225,000 in January 2018, which was around 1% above the average January 2018 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 5 MARKET DRAYTON ROAD since 1st 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. One of the three 5 MARKET DRAYTON ROAD sales was for above the average price, whilst two were 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 |
---|---|---|---|
2018 5 JAN | £225,000 | £223,164 | 1% above HPI |
2011 21 DEC | £138,000 | £182,245 | 24% below HPI |
2011 21 APR | £140,000 | £182,187 | 23% 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 three 5 MARKET DRAYTON ROAD sales between April 2011 and January 2018 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 December 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
5 MARKET DRAYTON ROAD is 81m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Loggerheads, based on EPC data. The below chart shows the distribution of detached houses by size in Loggerheads, and where 5 MARKET DRAYTON ROAD lies on this distribution: 8% of detached houses are smaller than 5 MARKET DRAYTON ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.
5 MARKET DRAYTON ROAD sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 5 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 5 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.
5 MARKET DRAYTON ROAD is located in LOGGERHEADS, in the TF9 postcode district. The below map shows the position of No. 5 on MARKET DRAYTON ROAD.