3, MEADOW BANK, ADDERLEY, MARKET DRAYTON, TF9 3TZ - £310,000

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

3 MEADOW BANK is a large detached house of 169m², built sometime between 1996 and 2002. It was last sold for £310,000 in December 2020, which was around 8% below the average December 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was D.

3 MEADOW BANK Sold Prices

Land registry data shows five sales for 3 MEADOW BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. The five 3 MEADOW BANK sales were a mix of below the average price, roughly equal to the average price, and 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
2020 16 DEC	£310,000	£335,787	8% below HPI
2015 17 AUG	£275,000	£273,708	Close to HPI
2002 6 SEP	£190,000	£168,391	13% above HPI
1999 18 MAY	£137,000	£99,788	37% above HPI
1996 31 MAY	£121,000	£81,974	48% above HPI

3 MEADOW BANK 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 five 3 MEADOW BANK sales between May 1996 and December 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 August 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 MEADOW BANK?

3 MEADOW BANK is 169m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Adderley, based on EPC data. The below chart shows the distribution of detached houses by size in Adderley, and where 3 MEADOW BANK lies on this distribution: 71% of detached houses are smaller than 3 MEADOW BANK, and 29% of houses are larger. Note that EPC data is not available for all properties in Adderley.

3 MEADOW BANK: Plot and Title Map

3 MEADOW BANK sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 3 MEADOW BANK, 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 MEADOW BANK). 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 MEADOW BANK?

3 MEADOW BANK is located in ADDERLEY, in the TF9 postcode district. The below map shows the position of No. 3 on MEADOW BANK.