16, STUART WAY, MARKET DRAYTON, TF9 3TT - £226,000

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

16 STUART WAY is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £226,000 in August 2015, which was around 17% below the average August 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

16 STUART WAY Sold Prices

Land registry data shows two sales for 16 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 16 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
2015 17 AUG	£226,000	£273,708	17% below HPI
2006 15 DEC	£239,995	£260,068	8% below HPI

16 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 16 STUART WAY sales from December 2006 and August 2015 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 December 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 16 STUART WAY?

16 STUART WAY is 139m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% 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 16 STUART WAY lies on this distribution: 70% of detached houses are smaller than 16 STUART WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

16 STUART WAY: Plot and Title Map

16 STUART WAY sits on a plot of roughly 0.094 of an acre, or 378m². The below map shows the location of 16 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 16 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 16 STUART WAY?

16 STUART WAY is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 16 on STUART WAY.