2, VERRILL CLOSE, MARKET DRAYTON, TF9 3FT - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 VERRILL CLOSE is a large detached house of 135m², which could now be worth an estimated £394,823. It was last sold for £335,000 in September 2021, which was around 5% below the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

2 VERRILL CLOSE Sold Prices

Land registry data shows two sales for 2 VERRILL CLOSE 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. One of the two 2 VERRILL CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2021 30 SEP	£335,000	£354,059	5% below HPI
2019 9 AUG	£315,000	£315,514	Close to HPI

2 VERRILL CLOSE 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 VERRILL CLOSE sales from August 2019 and September 2021 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 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 VERRILL CLOSE be worth now?

2 VERRILL CLOSE might now be worth an estimated £394,823.

This is based on house price inflation of 17.9%, between September 2021 and February 2025, 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 17.9% inflationary increase is applied to the most recent sale price for 2 VERRILL CLOSE of £335,000 on 30th September 2021. For the value to have increased from £335,000 to £394,823 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 VERRILL CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VERRILL CLOSE has not materially changed since September 2021.

How Large is 2 VERRILL CLOSE?

2 VERRILL CLOSE is 135m² according to the EPC inspection conducted in May 2019. This puts it in the largest 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 VERRILL CLOSE lies on this distribution: 65% of detached houses houses are smaller than 2 VERRILL CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

2 VERRILL CLOSE: Plot and Title Map

2 VERRILL CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 VERRILL CLOSE, 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 VERRILL CLOSE). 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 VERRILL CLOSE?

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