1, PRIORS LANE, MARKET DRAYTON, TF9 3UQ - £200,000

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 PRIORS LANE is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £200,000 in June 2017, which was around 31% below the average June 2017 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.

1 PRIORS LANE Sold Prices

Land registry data shows four sales for 1 PRIORS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 1 PRIORS LANE 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
2017 29 JUN	£200,000	£289,363	31% below HPI
2015 28 OCT	£200,000	£278,296	28% below HPI
2007 29 AUG	£196,500	£274,479	28% below HPI
2000 28 JAN	£81,250	£107,646	25% below HPI

1 PRIORS LANE 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 four 1 PRIORS LANE sales between January 2000 and June 2017 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 October 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 PRIORS LANE?

1 PRIORS LANE is 84m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% 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 PRIORS LANE lies on this distribution: 20% of detached houses are smaller than 1 PRIORS LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

1 PRIORS LANE: Plot and Title Map

1 PRIORS LANE sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 1 PRIORS LANE, 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 PRIORS LANE). 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 PRIORS LANE?

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