GREENGATES, PINEWOOD DRIVE, ASHLEY HEATH, MARKET DRAYTON, TF9 4PA - £345,000

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.

GREENGATES is a very large extended detached house of 185m², built sometime between 1900 and 1929, which could now be worth an estimated £518,297. It was last sold for £345,000 in June 2015, which was around 72% above the average June 2015 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

GREENGATES Sold Prices

Land registry data shows two sales for GREENGATES 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 GREENGATES 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 12 JUN	£345,000	£201,027	72% above HPI
2013 17 MAY	£331,000	£178,924	85% above HPI

GREENGATES 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 GREENGATES sales from May 2013 and June 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 2013 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the June 2015 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might GREENGATES be worth now?

GREENGATES might now be worth an estimated £518,297.

This is based on house price inflation of 50.2%, between June 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 50.2% inflationary increase is applied to the most recent sale price for GREENGATES of £345,000 on 12th June 2015. For the value to have increased from £345,000 to £518,297 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of GREENGATES has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The June 2015 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of GREENGATES has not materially changed since June 2015.

How Large is GREENGATES?

GREENGATES is 185m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 20% 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 GREENGATES lies on this distribution: 81% of detached houses houses are smaller than GREENGATES, and 19% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

GREENGATES: Plot and Title Map

GREENGATES sits on a plot of roughly 0.442 of an acre, or 1,789m². The below map shows the location of GREENGATES, 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 GREENGATES). 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 GREENGATES?

GREENGATES is located on PINEWOOD DRIVE in ASHLEY HEATH, in the TF9 postcode district. The below map shows the position of GREENGATES on PINEWOOD DRIVE.