SOUTHERN PINE, PINEWOOD ROAD, ASHLEY HEATH, MARKET DRAYTON, TF9 4PP - £425,000

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.

SOUTHERN PINE is a large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £546,114. It was last sold for £425,000 in February 2020, which was around 81% above the average February 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

SOUTHERN PINE Sold Prices

Land registry data shows two sales for SOUTHERN PINE 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 SOUTHERN PINE 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 12 FEB	£425,000	£235,028	81% above HPI
1995 21 DEC	£65,000	£64,317	1% above HPI

SOUTHERN PINE 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 SOUTHERN PINE sales from December 1995 and February 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 December 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2020 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might SOUTHERN PINE be worth now?

SOUTHERN PINE might now be worth an estimated £546,114.

This is based on house price inflation of 28.5%, between February 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 28.5% inflationary increase is applied to the most recent sale price for SOUTHERN PINE of £425,000 on 12th February 2020. For the value to have increased from £425,000 to £546,114 over the five years to February 2025, the following assumptions must hold true:

• The value of SOUTHERN PINE has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The February 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHERN PINE has not materially changed since February 2020.

How Large is SOUTHERN PINE?

SOUTHERN PINE is 152m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% 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 SOUTHERN PINE lies on this distribution: 64% of detached houses houses are smaller than SOUTHERN PINE, and 35% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

SOUTHERN PINE: Plot and Title Map

SOUTHERN PINE sits on a plot of roughly 0.494 of an acre, or 1,999m². The below map shows the location of SOUTHERN PINE, 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 SOUTHERN PINE). 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 SOUTHERN PINE?

SOUTHERN PINE is located on PINEWOOD ROAD in ASHLEY HEATH, in the TF9 postcode district. The below map shows the position of SOUTHERN PINE on PINEWOOD ROAD.