2, STUART WAY, MARKET DRAYTON, TF9 3TT - £107,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 STUART WAY is a small extended detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £307,590. It was last sold for £107,500 in January 2002, which was around 26% below the average January 2002 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

2 STUART WAY Sold Prices

Land registry data shows two sales for 2 STUART WAY 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 STUART WAY 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
2002 18 JAN	£107,500	£145,263	26% below HPI
2000 28 JUL	£101,000	£125,170	19% below HPI

2 STUART WAY 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 STUART WAY sales from July 2000 and January 2002 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 July 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2002 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 STUART WAY be worth now?

2 STUART WAY might now be worth an estimated £307,590.

This is based on house price inflation of 186.1%, between January 2002 and December 2024, 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 186.1% inflationary increase is applied to the most recent sale price for 2 STUART WAY of £107,500 on 18th January 2002. For the value to have increased from £107,500 to £307,590 over the 21 years and one month to December 2024, the following assumptions must hold true:

• The value of 2 STUART WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The January 2002 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 2 STUART WAY has not materially changed since January 2002.

How Large is 2 STUART WAY?

2 STUART WAY is 102m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% of detached houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Drayton, and where 2 STUART WAY lies on this distribution: 37% of detached houses houses are smaller than 2 STUART WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

2 STUART WAY: Plot and Title Map

2 STUART WAY sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 2 STUART WAY, 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 STUART WAY). 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 STUART WAY?

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