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 PEZENAS DRIVE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £300,000 in July 2022, which was around 21% below the average July 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 PEZENAS DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 2 PEZENAS 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 |
---|---|---|---|
2022 22 JUL | £300,000 | £379,676 | 21% below HPI |
2015 3 AUG | £185,000 | £273,708 | 32% below HPI |
2001 5 DEC | £105,000 | £142,387 | 26% below HPI |
1996 11 SEP | £77,950 | £85,447 | 9% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 2 PEZENAS DRIVE sales between September 1996 and July 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 August 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
2 PEZENAS DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 PEZENAS DRIVE lies on this distribution: 38% of detached houses are smaller than 2 PEZENAS DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.
2 PEZENAS DRIVE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 2 PEZENAS 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 PEZENAS 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.
2 PEZENAS DRIVE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 2 on PEZENAS DRIVE.