18, STABLE LANE, MARKET DRAYTON, TF9 3UF - £158,000

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 STABLE LANE is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £158,000 in August 2007, which was around 42% below the average August 2007 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

18 STABLE LANE Sold Prices

Land registry data shows five sales for 18 STABLE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 18 STABLE LANE 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
2007 29 AUG	£158,000	£274,479	42% below HPI
2003 27 AUG	£107,000	£197,869	46% below HPI
2003 8 JAN	£95,000	£181,976	48% below HPI
1999 28 MAY	£60,000	£99,788	40% below HPI
1996 14 JUN	£54,500	£82,169	34% below HPI

18 STABLE LANE 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 five 18 STABLE LANE sales between June 1996 and August 2007 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 August 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2007 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 18 STABLE LANE?

18 STABLE LANE is 67m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 STABLE LANE lies on this distribution: 8% of detached houses are smaller than 18 STABLE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

18 STABLE LANE: Plot and Title Map

18 STABLE LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 18 STABLE LANE, 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 STABLE LANE). 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 STABLE LANE?

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