2, PRIORS LANE, MARKET DRAYTON, TF9 3UQ - £220,000

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 PRIORS LANE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £220,000 in January 2015, which was around 17% below the average January 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 PRIORS LANE Sold Prices

Land registry data shows four sales for 2 PRIORS LANE since 1^st 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 PRIORS 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
2015 30 JAN	£220,000	£264,863	17% below HPI
2014 28 NOV	£220,000	£263,757	17% below HPI
2002 22 AUG	£149,000	£165,908	10% below HPI
1998 18 DEC	£97,950	£99,863	2% below HPI

2 PRIORS 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 four 2 PRIORS LANE sales between December 1998 and January 2015 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 November 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2015 sale, which was also at 17% below the HPI.

How Large is 2 PRIORS LANE?

2 PRIORS LANE is 126m² according to the EPC inspection conducted in December 2014. This puts it in the largest 50% 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 PRIORS LANE lies on this distribution: 59% of detached houses are smaller than 2 PRIORS LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

2 PRIORS LANE: Plot and Title Map

2 PRIORS LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2 PRIORS 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 2 PRIORS 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 2 PRIORS LANE?

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