1, MONKSFIELD, MARKET DRAYTON, TF9 3QU - £238,000

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.

1 MONKSFIELD is a large detached house of 139m², built sometime between 1991 and 1995, which could now be worth an estimated £361,035. It was last sold for £238,000 in May 2008, which was around 13% below the average May 2008 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

1 MONKSFIELD Sold Prices

Land registry data shows two sales for 1 MONKSFIELD 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 1 MONKSFIELD 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
2008 16 MAY	£238,000	£275,081	13% below HPI
2003 20 AUG	£185,000	£203,396	9% below HPI

1 MONKSFIELD 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 1 MONKSFIELD sales from August 2003 and May 2008 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 August 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2008 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 MONKSFIELD be worth now?

1 MONKSFIELD might now be worth an estimated £361,035.

This is based on house price inflation of 51.7%, between May 2008 and February 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 51.7% inflationary increase is applied to the most recent sale price for 1 MONKSFIELD of £238,000 on 16th May 2008. For the value to have increased from £238,000 to £361,035 over the seventeen years and three months to February 2025, the following assumptions must hold true:

• The value of 1 MONKSFIELD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2008 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MONKSFIELD has not materially changed since May 2008.

How Large is 1 MONKSFIELD?

1 MONKSFIELD is 139m² according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Drayton, and where 1 MONKSFIELD lies on this distribution: 70% of detached houses houses are smaller than 1 MONKSFIELD, and 29% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

1 MONKSFIELD: Plot and Title Map

1 MONKSFIELD sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 1 MONKSFIELD, 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 MONKSFIELD). 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 1 MONKSFIELD?

1 MONKSFIELD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 1 on MONKSFIELD.