TWO GATES, CHESTER ROAD, HINSTOCK, MARKET DRAYTON, TF9 2TE - £145,000

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

TWO GATES is a midsized detached house of 143m², built sometime between 1950 and 1966. It was last sold for £145,000 in November 1998, which was around 46% above the average November 1998 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was F.

TWO GATES Sold Prices

Land registry data shows two sales for TWO GATES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two TWO GATES 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
1998 20 NOV	£145,000	£99,484	46% above HPI
1995 12 JUN	£87,500	£82,952	5% above HPI

TWO GATES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two TWO GATES sales from June 1995 and November 1998 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 June 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 1998 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is TWO GATES?

TWO GATES is 143m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Hinstock, based on EPC data. The below chart shows the distribution of detached houses by size in Hinstock, and where TWO GATES lies on this distribution: 56% of detached houses are smaller than TWO GATES, and 44% of houses are larger. Note that EPC data is not available for all properties in Hinstock.

TWO GATES: Plot and Title Map

TWO GATES sits on a plot of roughly 0.543 of an acre, or 2,196m². The below map shows the location of TWO GATES, 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 TWO GATES). 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 TWO GATES?

TWO GATES is located on CHESTER ROAD in HINSTOCK, in the TF9 postcode district. The below map shows the position of TWO GATES on CHESTER ROAD.