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

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 ROMAN WAY is a small extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £292,000 in March 2021, which was around 14% 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	£338,371	14% below HPI
1997 21 SEP	£117,000	£93,869	25% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Hinstock, based on EPC data. The below chart shows the distribution of detached houses by size in Hinstock, and where 1 ROMAN WAY lies on this distribution: 25% of detached 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.