14, RIDINGS CLOSE, MARKET DRAYTON, TF9 3UL - £84,000

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

14 RIDINGS CLOSE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £84,000 in June 2002, which was around 46% below the average June 2002 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

14 RIDINGS CLOSE Sold Prices

Land registry data shows two sales for 14 RIDINGS CLOSE 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 14 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
2002 14 JUN	£84,000	£154,208	46% below HPI
1998 28 AUG	£65,995	£99,152	33% below HPI

14 RIDINGS CLOSE 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 14 RIDINGS CLOSE sales from August 1998 and June 2002 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 August 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2002 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 14 RIDINGS CLOSE?

14 RIDINGS CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Market Drayton, and where 14 RIDINGS CLOSE lies on this distribution: 51% of detached houses are smaller than 14 RIDINGS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

14 RIDINGS CLOSE: Plot and Title Map

14 RIDINGS CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 14 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 14 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 14 RIDINGS CLOSE?

14 RIDINGS CLOSE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 14 on RIDINGS CLOSE.