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

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 STUART WAY is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £107,500 in January 2002, which was around 24% 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	£141,315	24% below HPI
2000 28 JUL	£101,000	£121,768	17% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2002 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Market Drayton, and where 2 STUART WAY lies on this distribution: 37% of detached houses are smaller than 2 STUART WAY, and 63% 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.