172, SHREWSBURY ROAD, MARKET DRAYTON, TF9 3EG - £195,000

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

172 SHREWSBURY ROAD is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £195,000 in September 2019, which was around 37% below the average September 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

172 SHREWSBURY ROAD Sold Prices

Land registry data shows two sales for 172 SHREWSBURY ROAD 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 172 SHREWSBURY ROAD 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
2019 27 SEP	£195,000	£310,575	37% below HPI
1998 12 JUN	£59,000	£96,250	39% below HPI

172 SHREWSBURY ROAD 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 172 SHREWSBURY ROAD sales from June 1998 and September 2019 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 June 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 172 SHREWSBURY ROAD?

172 SHREWSBURY ROAD is 86m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 172 SHREWSBURY ROAD lies on this distribution: 22% of detached houses are smaller than 172 SHREWSBURY ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

172 SHREWSBURY ROAD: Plot and Title Map

172 SHREWSBURY ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 172 SHREWSBURY ROAD, 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 172 SHREWSBURY ROAD). 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 172 SHREWSBURY ROAD?

172 SHREWSBURY ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 172 on SHREWSBURY ROAD.