Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
18 WATERSIDE DRIVE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £270,000 in April 2024, which was around 30% below the average April 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 18 WATERSIDE DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 18 WATERSIDE DRIVE 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 |
---|---|---|---|
2024 22 APR | £270,000 | £386,067 | 30% below HPI |
2005 25 FEB | £158,000 | £229,629 | 31% below HPI |
2003 27 NOV | £147,000 | £203,664 | 28% below HPI |
2002 31 MAY | £108,000 | £149,374 | 28% below HPI |
2000 28 JAN | £81,000 | £107,646 | 25% below HPI |
1996 23 AUG | £66,950 | £83,778 | 20% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The six 18 WATERSIDE DRIVE sales between August 1996 and April 2024 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 February 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
18 WATERSIDE DRIVE is 94m², which includes three extensions, according to the EPC inspection conducted in April 2023. 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 18 WATERSIDE DRIVE lies on this distribution: 28% of detached houses are smaller than 18 WATERSIDE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.
18 WATERSIDE DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 18 WATERSIDE DRIVE, 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 WATERSIDE DRIVE). 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.
18 WATERSIDE DRIVE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 18 on WATERSIDE DRIVE.