2, THE BRIDLEWAY, MARKET DRAYTON, TF9 3UD - £248,000

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 THE BRIDLEWAY is a midsized extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £248,000 in July 2020, which was around 21% below the average July 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

2 THE BRIDLEWAY Sold Prices

Land registry data shows two sales for 2 THE BRIDLEWAY 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 THE BRIDLEWAY 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
2020 31 JUL	£248,000	£312,756	21% below HPI
2007 27 APR	£209,000	£259,819	20% below HPI

2 THE BRIDLEWAY 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 THE BRIDLEWAY sales from April 2007 and July 2020 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 April 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 THE BRIDLEWAY?

2 THE BRIDLEWAY is 106m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 THE BRIDLEWAY lies on this distribution: 41% of detached houses are smaller than 2 THE BRIDLEWAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

2 THE BRIDLEWAY: Plot and Title Map

2 THE BRIDLEWAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 THE BRIDLEWAY, 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 THE BRIDLEWAY). 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 THE BRIDLEWAY?

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