MANDALAY, NEWCASTLE ROAD, LOGGERHEADS, MARKET DRAYTON, TF9 4PH - £450,000

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.

MANDALAY is a very large extended detached house of 452m², built sometime between 1991 and 1995, which could now be worth an estimated £583,402. It was last sold for £450,000 in August 2020, which was around 93% above the average August 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

MANDALAY Sold Prices

Land registry data shows three sales for MANDALAY since 1^st 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. All of the three MANDALAY 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
2020 24 AUG	£450,000	£232,948	93% above HPI
2008 10 JUL	£375,000	£201,472	86% above HPI
2001 8 OCT	£285,000	£92,307	209% above HPI

MANDALAY 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 three MANDALAY sales between October 2001 and August 2020 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 2008 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the August 2020 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might MANDALAY be worth now?

MANDALAY might now be worth an estimated £583,402.

This is based on house price inflation of 29.6%, between August 2020 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 29.6% inflationary increase is applied to the most recent sale price for MANDALAY of £450,000 on 24th August 2020. For the value to have increased from £450,000 to £583,402 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of MANDALAY has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The August 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of MANDALAY has not materially changed since August 2020.

How Large is MANDALAY?

MANDALAY is 452m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% 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 MANDALAY lies on this distribution: More than 99% of detached houses houses are smaller than MANDALAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

MANDALAY: Plot and Title Map

MANDALAY sits on a plot of roughly 0.398 of an acre, or 1,611m². The below map shows the location of MANDALAY, 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 MANDALAY). 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 MANDALAY?

MANDALAY is located on NEWCASTLE ROAD in LOGGERHEADS, in the TF9 postcode district. The below map shows the position of MANDALAY on NEWCASTLE ROAD.