1, ROMAN WAY, HINSTOCK, MARKET DRAYTON, TF9 2SL - £292,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ROMAN WAY is a small extended detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £348,934. It was last sold for £292,000 in March 2021, which was around 16% below the average March 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was D.

1 ROMAN WAY Sold Prices

Land registry data shows two sales for 1 ROMAN WAY 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. One of the two 1 ROMAN WAY sales was for below the average price, whilst the other was for above 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
2021 3 MAR	£292,000	£347,823	16% below HPI
1997 21 SEP	£117,000	£96,491	21% above HPI

1 ROMAN WAY 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 ROMAN WAY sales from September 1997 and March 2021 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 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 ROMAN WAY be worth now?

1 ROMAN WAY might now be worth an estimated £348,934.

This is based on house price inflation of 19.5%, between March 2021 and December 2024, 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 19.5% inflationary increase is applied to the most recent sale price for 1 ROMAN WAY of £292,000 on 3rd March 2021. For the value to have increased from £292,000 to £348,934 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 1 ROMAN WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2021 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROMAN WAY has not materially changed since March 2021.

How Large is 1 ROMAN WAY?

1 ROMAN WAY is 120m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses houses in Hinstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinstock, and where 1 ROMAN WAY lies on this distribution: 24% of detached houses houses are smaller than 1 ROMAN WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Hinstock.

1 ROMAN WAY: Plot and Title Map

1 ROMAN WAY sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 1 ROMAN 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 ROMAN 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.

Where is 1 ROMAN WAY?

1 ROMAN WAY is located in HINSTOCK, in the TF9 postcode district. The below map shows the position of No. 1 on ROMAN WAY.