CHARNWOOD, GRAVELLY HILL, MARKET DRAYTON, TF9 4JU - £288,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHARNWOOD is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £288,000 in August 2021, which was around 11% above the average August 2021 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

CHARNWOOD Sold Prices

Land registry data shows two sales for CHARNWOOD since 1^st 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 CHARNWOOD 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
2021 31 AUG	£288,000	£259,623	11% above HPI
2012 23 MAR	£170,000	£178,457	5% below HPI

CHARNWOOD 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 two CHARNWOOD sales from March 2012 and August 2021 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 March 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is CHARNWOOD?

CHARNWOOD is 90m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where CHARNWOOD lies on this distribution: 11% of detached houses are smaller than CHARNWOOD, and 89% of houses are larger. Note that EPC data is not available for all properties in Ashley.

CHARNWOOD: Plot and Title Map

CHARNWOOD sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of CHARNWOOD, 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 CHARNWOOD). 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 CHARNWOOD?

CHARNWOOD is located on GRAVELLY HILL in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of CHARNWOOD on GRAVELLY HILL.