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

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.

TWO GATES is a midsized detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £597,931. It was last sold for £145,000 in November 1998, which was around 42% 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	£102,263	42% above HPI
1995 12 JUN	£87,500	£85,269	3% 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 1998 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might TWO GATES be worth now?

TWO GATES might now be worth an estimated £597,931.

This is based on house price inflation of 312.4%, between November 1998 and March 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 312.4% inflationary increase is applied to the most recent sale price for TWO GATES of £145,000 on 20th November 1998. For the value to have increased from £145,000 to £597,931 over the 27 years and eight months to March 2025, the following assumptions must hold true:

• The value of TWO GATES has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 1998 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of TWO GATES has not materially changed since November 1998.

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 houses in Hinstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinstock, and where TWO GATES lies on this distribution: 56% of detached houses 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.