RYECROFT, CHAPEL LANE, HOOKGATE, MARKET DRAYTON, TF9 4QP - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RYECROFT is a very large extended detached house of 221m², built sometime between 1996 and 2002. It was last sold for £600,000 in September 2020, which was around 150% above the average September 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

RYECROFT Sold Prices

Land registry data shows three sales for RYECROFT 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. Two of the three RYECROFT sales were for above the average price, whilst one 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
2020 30 SEP	£600,000	£239,532	150% above HPI
2001 7 SEP	£249,950	£93,074	169% above HPI
1998 15 MAY	£61,000	£71,886	15% below HPI

RYECROFT 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 RYECROFT sales between May 1998 and September 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 September 2001 sale was for 169% above the HPI. So the extrapolation line tracks at 169% above the HPI over time, until the September 2020 sale, where it falls to 150% above the HPI. The line then continues to track at 150% above the HPI.

How Large is RYECROFT?

RYECROFT is 221m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Loggerheads, based on EPC data. The below chart shows the distribution of detached houses by size in Loggerheads, and where RYECROFT lies on this distribution: 91% of detached houses are smaller than RYECROFT, and 9% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

RYECROFT: Plot and Title Map

RYECROFT sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of RYECROFT, 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 RYECROFT). 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 RYECROFT?

RYECROFT is located on CHAPEL LANE in HOOKGATE, in the TF9 postcode district. The below map shows the position of RYECROFT on CHAPEL LANE.