28, PROSPECT ROAD, MARKET DRAYTON, TF9 3BQ - £525,000

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.

28 PROSPECT ROAD is a very large extended detached house of 229m², built sometime between 1996 and 2002, which could now be worth an estimated £550,680. It was last sold for £525,000 in June 2024, which was around 32% above the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.

28 PROSPECT ROAD Sold Prices

Land registry data shows two sales for 28 PROSPECT ROAD 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 28 PROSPECT ROAD sales were for above 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
2024 24 JUN	£525,000	£397,826	32% above HPI
2002 22 MAR	£325,000	£147,218	121% above HPI

28 PROSPECT ROAD 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 28 PROSPECT ROAD sales from March 2002 and June 2024 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 March 2002 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the June 2024 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 28 PROSPECT ROAD be worth now?

28 PROSPECT ROAD might now be worth an estimated £550,680.

This is based on house price inflation of 4.9%, between June 2024 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 4.9% inflationary increase is applied to the most recent sale price for 28 PROSPECT ROAD of £525,000 on 24th June 2024. For the value to have increased from £525,000 to £550,680 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 28 PROSPECT ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PROSPECT ROAD has not materially changed since June 2024.

How Large is 28 PROSPECT ROAD?

28 PROSPECT ROAD is 229m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% 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 28 PROSPECT ROAD lies on this distribution: 98% of detached houses houses are smaller than 28 PROSPECT ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

28 PROSPECT ROAD: Plot and Title Map

28 PROSPECT ROAD sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of 28 PROSPECT ROAD, 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 28 PROSPECT ROAD). 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 28 PROSPECT ROAD?

28 PROSPECT ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 28 on PROSPECT ROAD.