FORTUNES, CHAPEL LANE, HOOKGATE, MARKET DRAYTON, TF9 4QP - £300,000

FORTUNES is a small detached house of 116m², built sometime between 1967 and 1975. It was last sold for £300,000 in March 2020, which was around 27% above the average March 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

FORTUNES Sold Prices

Land registry data shows two sales for FORTUNES 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 FORTUNES 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 17 MAR	£300,000	£235,349	27% above HPI
1995 23 MAY	£83,000	£65,811	26% above HPI

FORTUNES 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 FORTUNES sales from May 1995 and March 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 May 1995 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is FORTUNES?

FORTUNES is 116m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Loggerheads, based on EPC data. The below chart shows the distribution of detached houses by size in Loggerheads, and where FORTUNES lies on this distribution: 30% of detached houses are smaller than FORTUNES, and 69% of houses are larger. Note that EPC data is not available for all properties in Loggerheads.

FORTUNES: Plot and Title Map

FORTUNES sits on a plot of roughly 0.295 of an acre, or 1,194m². The below map shows the location of FORTUNES, 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 FORTUNES). 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 FORTUNES?

FORTUNES is located on CHAPEL LANE in HOOKGATE, in the TF9 postcode district. The below map shows the position of FORTUNES on CHAPEL LANE.