2, CORBET DRIVE, ADDERLEY, MARKET DRAYTON, TF9 3LW - £435,000

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.

2 CORBET DRIVE is a small detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £448,952. It was last sold for £435,000 in October 2022, which was around 8% above the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

2 CORBET DRIVE Sold Prices

Land registry data shows two sales for 2 CORBET DRIVE 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. One of the two 2 CORBET DRIVE sales was for above the average price, whilst the other was 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
2022 31 OCT	£435,000	£404,317	8% above HPI
2016 10 FEB	£249,950	£288,557	13% below HPI

2 CORBET DRIVE 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 CORBET DRIVE sales from February 2016 and October 2022 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 CORBET DRIVE be worth now?

2 CORBET DRIVE might now be worth an estimated £448,952.

This is based on house price inflation of 3.2%, between October 2022 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 3.2% inflationary increase is applied to the most recent sale price for 2 CORBET DRIVE of £435,000 on 31st October 2022. For the value to have increased from £435,000 to £448,952 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 CORBET DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORBET DRIVE has not materially changed since October 2022.

How Large is 2 CORBET DRIVE?

2 CORBET DRIVE is 124m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses houses in Adderley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Adderley, and where 2 CORBET DRIVE lies on this distribution: 24% of detached houses houses are smaller than 2 CORBET DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Adderley.

2 CORBET DRIVE: Plot and Title Map

2 CORBET DRIVE sits on a plot of roughly 0.240 of an acre, or 971m². The below map shows the location of 2 CORBET 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 2 CORBET 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.

Where is 2 CORBET DRIVE?

2 CORBET DRIVE is located in ADDERLEY, in the TF9 postcode district. The below map shows the position of No. 2 on CORBET DRIVE.