THE OLD SHOP, NEWPORT ROAD, GNOSALL, STAFFORD, ST20 0BN - £209,000

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.

THE OLD SHOP is a large extended detached house of 123m², built sometime before 1900, which could now be worth an estimated £301,745. It was last sold for £209,000 in October 2015, which was around 22% below the average October 2015 detached price in the Stafford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

THE OLD SHOP Sold Prices

Land registry data shows three sales for THE OLD SHOP since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Two of the three THE OLD SHOP sales were for below the average price, whilst one was 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
2015 23 OCT	£209,000	£267,728	22% below HPI
2004 17 SEP	£225,000	£221,603	2% above HPI
2000 19 JUL	£103,500	£115,425	10% below HPI

THE OLD SHOP Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The three THE OLD SHOP sales between July 2000 and October 2015 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might THE OLD SHOP be worth now?

THE OLD SHOP might now be worth an estimated £301,745.

This is based on house price inflation of 44.4%, between October 2015 and February 2025, for detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.4% inflationary increase is applied to the most recent sale price for THE OLD SHOP of £209,000 on 23rd October 2015. For the value to have increased from £209,000 to £301,745 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of THE OLD SHOP has moved in line with the HPI for detached houses in the Stafford local authority area.
• The October 2015 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SHOP has not materially changed since October 2015.

How Large is THE OLD SHOP?

THE OLD SHOP is 123m², which includes three extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses houses in Gnosall Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gnosall Heath, and where THE OLD SHOP lies on this distribution: 63% of detached houses houses are smaller than THE OLD SHOP, and 37% of houses are larger. Note that EPC data is not available for all properties in Gnosall Heath.

THE OLD SHOP: Plot and Title Map

THE OLD SHOP sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of THE OLD SHOP, 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 THE OLD SHOP). 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 THE OLD SHOP?

THE OLD SHOP is located on NEWPORT ROAD in GNOSALL, in the ST20 postcode district. The below map shows the position of THE OLD SHOP on NEWPORT ROAD.