15, STUART WAY, MARKET DRAYTON, TF9 3TT - £216,000

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.

15 STUART WAY is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £303,025. It was last sold for £216,000 in June 2017, which was around 27% below the average June 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

15 STUART WAY Sold Prices

Land registry data shows two sales for 15 STUART 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. Both of the two 15 STUART WAY 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 8 JUN	£216,000	£297,446	27% below HPI
2001 30 APR	£115,950	£132,022	12% below HPI

15 STUART 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 15 STUART WAY sales from April 2001 and June 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 April 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 STUART WAY be worth now?

15 STUART WAY might now be worth an estimated £303,025.

This is based on house price inflation of 40.3%, between June 2017 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 40.3% inflationary increase is applied to the most recent sale price for 15 STUART WAY of £216,000 on 8th June 2017. For the value to have increased from £216,000 to £303,025 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 15 STUART WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2017 sale price of £216,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STUART WAY has not materially changed since June 2017.

How Large is 15 STUART WAY?

15 STUART WAY is 116m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 15 STUART WAY lies on this distribution: 51% of detached houses houses are smaller than 15 STUART WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

15 STUART WAY: Plot and Title Map

15 STUART WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 15 STUART 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 15 STUART 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 15 STUART WAY?

15 STUART WAY is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 15 on STUART WAY.