31, CHANCEL DRIVE, MARKET DRAYTON, TF9 3QT - £315,000

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

31 CHANCEL DRIVE is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £315,000 in January 2023, which was around 20% below the average January 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

31 CHANCEL DRIVE Sold Prices

Land registry data shows four sales for 31 CHANCEL DRIVE 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 31 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
2023 27 JAN	£315,000	£395,690	20% below HPI
2007 14 SEP	£220,000	£283,302	22% below HPI
2004 23 JAN	£171,000	£210,482	19% below HPI
2000 31 MAR	£101,650	£108,971	7% below HPI

31 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 four 31 CHANCEL DRIVE sales between March 2000 and January 2023 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 September 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 31 CHANCEL DRIVE?

31 CHANCEL DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 31 CHANCEL DRIVE lies on this distribution: 48% of detached houses are smaller than 31 CHANCEL DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

31 CHANCEL DRIVE: Plot and Title Map

31 CHANCEL DRIVE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 31 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 31 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 31 CHANCEL DRIVE?

31 CHANCEL DRIVE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 31 on CHANCEL DRIVE.