18, ALDER ROAD, MARKET DRAYTON, TF9 3HZ - £185,000

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.

18 ALDER ROAD is a very small extended detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £224,707. It was last sold for £185,000 in May 2021, which was around 46% below the average May 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

18 ALDER ROAD Sold Prices

Land registry data shows three sales for 18 ALDER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 18 ALDER 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
2021 7 MAY	£185,000	£343,549	46% below HPI
1999 20 SEP	£57,000	£111,669	49% below HPI
1999 15 JUN	£45,000	£104,891	57% below HPI

18 ALDER 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 three 18 ALDER ROAD sales between June 1999 and May 2021 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 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2021 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 18 ALDER ROAD be worth now?

18 ALDER ROAD might now be worth an estimated £224,707.

This is based on house price inflation of 21.5%, between May 2021 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 21.5% inflationary increase is applied to the most recent sale price for 18 ALDER ROAD of £185,000 on 7th May 2021. For the value to have increased from £185,000 to £224,707 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 18 ALDER ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ALDER ROAD has not materially changed since May 2021.

How Large is 18 ALDER ROAD?

18 ALDER ROAD is 69m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% 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 18 ALDER ROAD lies on this distribution: 11% of detached houses houses are smaller than 18 ALDER ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

18 ALDER ROAD: Plot and Title Map

18 ALDER ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 18 ALDER 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 18 ALDER 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 18 ALDER ROAD?

18 ALDER ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 18 on ALDER ROAD.