SPINDLEBANK, PINEWOOD ROAD, ASHLEY HEATH, MARKET DRAYTON, TF9 4PR - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPINDLEBANK is a very large detached house of 257m², built in 2023. It was last sold for £400,000 in December 2020, which was around 58% above the average December 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

SPINDLEBANK Sold Prices

Land registry data shows two sales for SPINDLEBANK 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 SPINDLEBANK 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 18 DEC	£400,000	£253,510	58% above HPI
1997 7 OCT	£150,000	£71,983	108% above HPI

SPINDLEBANK 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 SPINDLEBANK sales from October 1997 and December 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 October 1997 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the December 2020 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is SPINDLEBANK?

SPINDLEBANK is 257m² according to the EPC inspection conducted in July 2023. 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 SPINDLEBANK lies on this distribution: 94% of detached houses are smaller than SPINDLEBANK, and 6% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

SPINDLEBANK: Plot and Title Map

SPINDLEBANK sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of SPINDLEBANK, 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 SPINDLEBANK). 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 SPINDLEBANK?

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