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
1 CROFT WAY is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £465,000 in March 2023, which was around 20% above the average March 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows seven sales for 1 CROFT WAY since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the seven 1 CROFT WAY sales were for below 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 |
---|---|---|---|
2023 15 MAR | £465,000 | £387,847 | 20% above HPI |
2020 27 MAR | £285,000 | £314,701 | 9% below HPI |
2014 29 JAN | £273,000 | £252,870 | 8% above HPI |
2007 19 APR | £247,500 | £259,819 | 5% below HPI |
2006 8 SEP | £235,000 | £263,056 | 11% below HPI |
2003 17 OCT | £175,000 | £201,657 | 13% below HPI |
1999 12 JUL | £112,000 | £105,321 | 6% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The seven 1 CROFT WAY sales between July 1999 and March 2023 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 March 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
1 CROFT WAY is 116m² according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Market Drayton, and where 1 CROFT WAY lies on this distribution: 51% of detached houses are smaller than 1 CROFT WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.
1 CROFT WAY sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of 1 CROFT WAY, 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 1 CROFT WAY). 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.
1 CROFT WAY is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 1 on CROFT WAY.