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

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 PRIORS LANE is a small detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £280,579. It was last sold for £200,000 in June 2017, which was around 33% 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	£297,446	33% below HPI
2015 28 OCT	£200,000	£286,070	30% below HPI
2007 29 AUG	£196,500	£282,146	30% below HPI
2000 28 JAN	£81,250	£110,653	27% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 PRIORS LANE be worth now?

1 PRIORS LANE might now be worth an estimated £280,579.

This is based on house price inflation of 40.3%, between June 2017 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 40.3% inflationary increase is applied to the most recent sale price for 1 PRIORS LANE of £200,000 on 29th June 2017. For the value to have increased from £200,000 to £280,579 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 PRIORS LANE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRIORS LANE has not materially changed since June 2017.

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 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 PRIORS LANE lies on this distribution: 20% of detached houses 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 0.091 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.