3, HINSLEY MILL LANE, MARKET DRAYTON, TF9 1HP - £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.

3 HINSLEY MILL LANE is a very large extended detached house of 196m², built sometime between 1950 and 1966, which could now be worth an estimated £691,240. It was last sold for £525,000 in June 2019, which was around 66% above the average June 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

3 HINSLEY MILL LANE Sold Prices

Land registry data shows four sales for 3 HINSLEY MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 3 HINSLEY MILL LANE 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
2019 18 JUN	£525,000	£316,930	66% above HPI
2012 10 AUG	£420,000	£257,146	63% above HPI
2004 7 JUL	£395,000	£232,470	70% above HPI
1999 3 AUG	£185,000	£110,806	67% above HPI

3 HINSLEY MILL LANE 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 four 3 HINSLEY MILL LANE sales between August 1999 and June 2019 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 2012 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2019 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 3 HINSLEY MILL LANE be worth now?

3 HINSLEY MILL LANE might now be worth an estimated £691,240.

This is based on house price inflation of 31.7%, between June 2019 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 31.7% inflationary increase is applied to the most recent sale price for 3 HINSLEY MILL LANE of £525,000 on 18th June 2019. For the value to have increased from £525,000 to £691,240 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 3 HINSLEY MILL LANE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HINSLEY MILL LANE has not materially changed since June 2019.

How Large is 3 HINSLEY MILL LANE?

3 HINSLEY MILL LANE is 196m², which includes two extensions, according to the EPC inspection conducted in July 2010. 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 3 HINSLEY MILL LANE lies on this distribution: 95% of detached houses houses are smaller than 3 HINSLEY MILL LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

3 HINSLEY MILL LANE: Plot and Title Map

3 HINSLEY MILL LANE sits on a plot of roughly 0.720 of an acre, or 2,913m². The below map shows the location of 3 HINSLEY MILL LANE, 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 HINSLEY MILL LANE). 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 HINSLEY MILL LANE?

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