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

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.

RYECROFT is a very large extended detached house of 221m², built sometime between 1996 and 2002, which could now be worth an estimated £765,924. It was last sold for £600,000 in September 2020, which was around 154% 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	£236,581	154% above HPI
2001 7 SEP	£249,950	£91,927	172% above HPI
1998 15 MAY	£61,000	£71,000	14% 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 172% above the HPI. So the extrapolation line tracks at 172% above the HPI over time, until the September 2020 sale, where it falls to 154% above the HPI. The line then continues to track at 154% above the HPI.

What might RYECROFT be worth now?

RYECROFT might now be worth an estimated £765,924.

This is based on house price inflation of 27.7%, between September 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 27.7% inflationary increase is applied to the most recent sale price for RYECROFT of £600,000 on 30th September 2020. For the value to have increased from £600,000 to £765,924 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of RYECROFT has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The September 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of RYECROFT has not materially changed since September 2020.

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 houses in Loggerheads, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loggerheads, and where RYECROFT lies on this distribution: 91% of detached houses 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.