10, THE BRIDLEWAY, MARKET DRAYTON, TF9 3UD - £150,000

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.

10 THE BRIDLEWAY is a very small detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £232,475. It was last sold for £150,000 in August 2014, which was around 44% below the average August 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

10 THE BRIDLEWAY Sold Prices

Land registry data shows two sales for 10 THE BRIDLEWAY 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. Both of the two 10 THE BRIDLEWAY 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
2014 29 AUG	£150,000	£269,245	44% below HPI
2005 7 JUL	£160,000	£241,928	34% below HPI

10 THE BRIDLEWAY 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 10 THE BRIDLEWAY sales from July 2005 and August 2014 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 July 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 10 THE BRIDLEWAY be worth now?

10 THE BRIDLEWAY might now be worth an estimated £232,475.

This is based on house price inflation of 55%, between August 2014 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 55% inflationary increase is applied to the most recent sale price for 10 THE BRIDLEWAY of £150,000 on 29th August 2014. For the value to have increased from £150,000 to £232,475 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 10 THE BRIDLEWAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE BRIDLEWAY has not materially changed since August 2014.

How Large is 10 THE BRIDLEWAY?

10 THE BRIDLEWAY is 61m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% 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 10 THE BRIDLEWAY lies on this distribution: 5% of detached houses houses are smaller than 10 THE BRIDLEWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

10 THE BRIDLEWAY: Plot and Title Map

10 THE BRIDLEWAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 10 THE BRIDLEWAY, 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 10 THE BRIDLEWAY). 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 10 THE BRIDLEWAY?

10 THE BRIDLEWAY is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 10 on THE BRIDLEWAY.