SANDWOOD, SOVEREIGN LANE, ASHLEY, MARKET DRAYTON, TF9 4LS - £425,000

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

SANDWOOD is a large detached house of 187m², built sometime between 1967 and 1975. It was last sold for £425,000 in January 2021, which was around 67% above the average January 2021 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

SANDWOOD Sold Prices

Land registry data shows two sales for SANDWOOD 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 SANDWOOD 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
2021 15 JAN	£425,000	£254,699	67% above HPI
2004 6 SEP	£323,000	£168,199	92% above HPI

SANDWOOD 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 SANDWOOD sales from September 2004 and January 2021 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 2004 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the January 2021 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is SANDWOOD?

SANDWOOD is 187m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where SANDWOOD lies on this distribution: 79% of detached houses are smaller than SANDWOOD, and 21% of houses are larger. Note that EPC data is not available for all properties in Ashley.

SANDWOOD: Plot and Title Map

SANDWOOD sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of SANDWOOD, 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 SANDWOOD). 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 SANDWOOD?

SANDWOOD is located on SOVEREIGN LANE in ASHLEY, in the TF9 postcode district. The below map shows the position of SANDWOOD on SOVEREIGN LANE.