HIGH BANK, MORETON, NEWPORT, TF10 9DS - £340,000

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.

HIGH BANK is a midsized extended detached house of 157m², built sometime between 1983 and 1990, which could now be worth an estimated £451,478. It was last sold for £340,000 in June 2018, which was around 17% above the average June 2018 detached price in the Stafford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

HIGH BANK Sold Prices

Land registry data shows two sales for HIGH BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Both of the two HIGH BANK 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
2018 14 JUN	£340,000	£291,092	17% above HPI
1998 10 JUL	£155,000	£94,671	64% above HPI

HIGH BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The two HIGH BANK sales from July 1998 and June 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 July 1998 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might HIGH BANK be worth now?

HIGH BANK might now be worth an estimated £451,478.

This is based on house price inflation of 32.8%, between June 2018 and February 2025, for detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.8% inflationary increase is applied to the most recent sale price for HIGH BANK of £340,000 on 14th June 2018. For the value to have increased from £340,000 to £451,478 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of HIGH BANK has moved in line with the HPI for detached houses in the Stafford local authority area.
• The June 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH BANK has not materially changed since June 2018.

How Large is HIGH BANK?

HIGH BANK is 157m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses houses in Moreton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Moreton, and where HIGH BANK lies on this distribution: 58% of detached houses houses are smaller than HIGH BANK, and 42% of houses are larger. Note that EPC data is not available for all properties in Moreton.

HIGH BANK: Plot and Title Map

HIGH BANK sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of HIGH BANK, 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 HIGH BANK). 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 HIGH BANK?

HIGH BANK is located in MORETON, in the TF10 postcode district. The below map shows the position of HIGH BANK in MORETON.