12, RIDINGS CLOSE, MARKET DRAYTON, TF9 3UL - £167,500

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.

12 RIDINGS CLOSE is a very small semi-detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £239,192. It was last sold for £167,500 in July 2017, which was around 8% below the average July 2017 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

12 RIDINGS CLOSE Sold Prices

Land registry data shows six sales for 12 RIDINGS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. All of the six 12 RIDINGS CLOSE 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 7 JUL	£167,500	£182,521	8% below HPI
2014 19 SEP	£156,000	£166,795	6% below HPI
2010 30 NOV	£147,500	£162,084	9% below HPI
2008 9 MAY	£165,000	£171,224	4% below HPI
2004 19 AUG	£138,000	£150,036	8% below HPI
2001 7 SEP	£78,000	£82,247	5% below HPI

12 RIDINGS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The six 12 RIDINGS CLOSE sales between September 2001 and July 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 September 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 12 RIDINGS CLOSE be worth now?

12 RIDINGS CLOSE might now be worth an estimated £239,192.

This is based on house price inflation of 42.8%, between July 2017 and February 2025, for semi-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 42.8% inflationary increase is applied to the most recent sale price for 12 RIDINGS CLOSE of £167,500 on 7th July 2017. For the value to have increased from £167,500 to £239,192 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 12 RIDINGS CLOSE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The July 2017 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 12 RIDINGS CLOSE has not materially changed since July 2017.

How Large is 12 RIDINGS CLOSE?

12 RIDINGS CLOSE is 77m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of semi-detached houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Drayton, and where 12 RIDINGS CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 12 RIDINGS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

12 RIDINGS CLOSE: Plot and Title Map

12 RIDINGS CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 12 RIDINGS CLOSE, 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 12 RIDINGS CLOSE). 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 12 RIDINGS CLOSE?

12 RIDINGS CLOSE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 12 on RIDINGS CLOSE.