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

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

18 ALDER ROAD is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £185,000 in May 2021, which was around 45% 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	£334,214	45% below HPI
1999 20 SEP	£57,000	£108,634	48% below HPI
1999 15 JUN	£45,000	£102,040	56% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

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 in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Market Drayton, and where 18 ALDER ROAD lies on this distribution: 10% of detached 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.