3, CHANCEL DRIVE, MARKET DRAYTON, TF9 3QT - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CHANCEL DRIVE is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £175,000 in December 2014, which was around 33% below the average December 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was C.

3 CHANCEL DRIVE Sold Prices

Land registry data shows two sales for 3 CHANCEL DRIVE 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 3 CHANCEL DRIVE 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
2014 19 DEC	£175,000	£262,776	33% below HPI
1999 2 AUG	£84,500	£107,795	22% below HPI

3 CHANCEL DRIVE 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 3 CHANCEL DRIVE sales from August 1999 and December 2014 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 CHANCEL DRIVE?

3 CHANCEL DRIVE is 104m², which includes two extensions, according to the EPC inspection conducted in July 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 3 CHANCEL DRIVE lies on this distribution: 39% of detached houses are smaller than 3 CHANCEL DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

3 CHANCEL DRIVE: Plot and Title Map

3 CHANCEL DRIVE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 3 CHANCEL DRIVE, 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 3 CHANCEL DRIVE). 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 3 CHANCEL DRIVE?

3 CHANCEL DRIVE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 3 on CHANCEL DRIVE.