1, THE ORCHARD, HIGH STREET, CHESWARDINE, MARKET DRAYTON, TF9 2RS - £360,000

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 THE ORCHARD is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £437,004. It was last sold for £360,000 in November 2020, which was around 5% above the average November 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

1 THE ORCHARD Sold Prices

Land registry data shows four sales for 1 THE ORCHARD 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. Most of the four 1 THE ORCHARD 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
2020 24 NOV	£360,000	£343,756	5% above HPI
2015 20 FEB	£215,000	£273,449	21% below HPI
2003 19 DEC	£189,995	£213,110	11% below HPI
2000 12 MAY	£115,000	£117,782	2% below HPI

1 THE ORCHARD 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 THE ORCHARD sales between May 2000 and November 2020 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 February 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 THE ORCHARD be worth now?

1 THE ORCHARD might now be worth an estimated £437,004.

This is based on house price inflation of 21.4%, between November 2020 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 21.4% inflationary increase is applied to the most recent sale price for 1 THE ORCHARD of £360,000 on 24th November 2020. For the value to have increased from £360,000 to £437,004 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 THE ORCHARD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE ORCHARD has not materially changed since November 2020.

How Large is 1 THE ORCHARD?

1 THE ORCHARD is 121m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses houses in Cheswardine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheswardine, and where 1 THE ORCHARD lies on this distribution: 62% of detached houses houses are smaller than 1 THE ORCHARD, and 38% of houses are larger. Note that EPC data is not available for all properties in Cheswardine.

1 THE ORCHARD: Plot and Title Map

1 THE ORCHARD sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 1 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

1 THE ORCHARD is located on HIGH STREET in CHESWARDINE, in the TF9 postcode district. The below map shows the position of 1 THE ORCHARD on HIGH STREET.