3, PRIORS LANE, MARKET DRAYTON, TF9 3UQ - £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 PRIORS LANE is a midsized detached house of 121m², built sometime between 1996 and 2002. It was last sold for £310,000 in September 2020, which was around 5% below the average September 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

3 PRIORS LANE Sold Prices

Land registry data shows three sales for 3 PRIORS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Two of the three 3 PRIORS LANE sales were for below the average price, whilst one was 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
2020 16 SEP	£310,000	£325,117	5% below HPI
2005 21 OCT	£238,500	£247,578	4% below HPI
2000 31 MAR	£133,750	£108,971	23% above HPI

3 PRIORS 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 three 3 PRIORS LANE sales between March 2000 and September 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 October 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 PRIORS LANE?

3 PRIORS LANE is 121m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% 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 PRIORS LANE lies on this distribution: 55% of detached houses are smaller than 3 PRIORS LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

3 PRIORS LANE: Plot and Title Map

3 PRIORS LANE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 3 PRIORS 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 PRIORS 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 PRIORS LANE?

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