3, PEZENAS DRIVE, MARKET DRAYTON, TF9 3UJ - £187,500

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 PEZENAS DRIVE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £187,500 in October 2018, which was around 40% below the average October 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

3 PEZENAS DRIVE Sold Prices

Land registry data shows five sales for 3 PEZENAS DRIVE 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. All of the five 3 PEZENAS 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
2018 5 OCT	£187,500	£311,928	40% below HPI
2012 20 JUL	£154,000	£247,090	38% below HPI
2005 22 AUG	£150,000	£240,393	38% below HPI
2005 10 MAY	£139,000	£236,908	41% below HPI
1996 29 NOV	£64,950	£86,286	25% below HPI

3 PEZENAS 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 five 3 PEZENAS DRIVE sales between November 1996 and October 2018 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 July 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 PEZENAS DRIVE?

3 PEZENAS DRIVE is 72m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 PEZENAS DRIVE lies on this distribution: 12% of detached houses are smaller than 3 PEZENAS DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

3 PEZENAS DRIVE: Plot and Title Map

3 PEZENAS DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 3 PEZENAS 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 PEZENAS 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 PEZENAS DRIVE?

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