GAIA, TOWER ROAD, ASHLEY HEATH, MARKET DRAYTON, TF9 4PU - £415,000

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.

GAIA is a small extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £437,521. It was last sold for £415,000 in July 2022, which was around 46% above the average July 2022 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

GAIA Sold Prices

Land registry data shows two sales for GAIA 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. Both of the two GAIA 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
2022 11 JUL	£415,000	£284,881	46% above HPI
2017 14 FEB	£243,000	£208,707	16% above HPI

GAIA 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 GAIA sales from February 2017 and July 2022 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 February 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2022 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might GAIA be worth now?

GAIA might now be worth an estimated £437,521.

This is based on house price inflation of 5.4%, between July 2022 and March 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 5.4% inflationary increase is applied to the most recent sale price for GAIA of £415,000 on 11th July 2022. For the value to have increased from £415,000 to £437,521 over the three years and four months to March 2025, the following assumptions must hold true:

• The value of GAIA has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The July 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of GAIA has not materially changed since July 2022.

How Large is GAIA?

GAIA is 114m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 GAIA lies on this distribution: 31% of detached houses houses are smaller than GAIA, and 69% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

GAIA: Plot and Title Map

GAIA sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of GAIA, 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 GAIA). 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 GAIA?

GAIA is located on TOWER ROAD in ASHLEY HEATH, in the TF9 postcode district. The below map shows the position of GAIA on TOWER ROAD.