Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MEADOW CLOSE is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £149,950 in April 2015, which was around 43% below the average April 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 MEADOW CLOSE since 1st 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 1 MEADOW CLOSE 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 |
---|---|---|---|
2015 7 APR | £149,950 | £263,980 | 43% below HPI |
1995 26 SEP | £63,950 | £82,567 | 23% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 1 MEADOW CLOSE sales from September 1995 and April 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 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
1 MEADOW CLOSE is 69m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 MEADOW CLOSE lies on this distribution: 10% of detached houses are smaller than 1 MEADOW CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.
1 MEADOW CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 1 MEADOW CLOSE, 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 MEADOW CLOSE). 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 MEADOW CLOSE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 1 on MEADOW CLOSE.