2, CHESHIRE GARDENS, MARKET DRAYTON, TF9 3EF - £187,000

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

2 CHESHIRE GARDENS is a very small extended detached house of 65m², built sometime between 1991 and 1995. It was last sold for £187,000 in February 2018, which was around 38% below the average February 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2 CHESHIRE GARDENS Sold Prices

Land registry data shows two sales for 2 CHESHIRE GARDENS 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 2 CHESHIRE GARDENS 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
2018 2 FEB	£187,000	£299,639	38% below HPI
2003 1 SEP	£145,000	£200,319	28% below HPI

2 CHESHIRE GARDENS 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 2 CHESHIRE GARDENS sales from September 2003 and February 2018 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 CHESHIRE GARDENS?

2 CHESHIRE GARDENS is 65m², which includes one extension, according to the EPC inspection conducted in September 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 2 CHESHIRE GARDENS lies on this distribution: 7% of detached houses are smaller than 2 CHESHIRE GARDENS, and 92% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

2 CHESHIRE GARDENS: Plot and Title Map

2 CHESHIRE GARDENS sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 CHESHIRE GARDENS, 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 2 CHESHIRE GARDENS). 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 2 CHESHIRE GARDENS?

2 CHESHIRE GARDENS is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 2 on CHESHIRE GARDENS.