32A, PROSPECT ROAD, MARKET DRAYTON, TF9 3BQ - £365,000

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

32A PROSPECT ROAD is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £365,000 in October 2022, which was around 7% below the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

32A PROSPECT ROAD Sold Prices

Land registry data shows two sales for 32A PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. One of the two 32A PROSPECT ROAD sales was for below the average price, whilst the other 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
2022 10 OCT	£365,000	£393,330	7% below HPI
1995 11 AUG	£103,000	£82,618	25% above HPI

32A PROSPECT ROAD 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 two 32A PROSPECT ROAD sales from August 1995 and October 2022 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 1995 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 32A PROSPECT ROAD?

32A PROSPECT ROAD is 108m² according to the EPC inspection conducted in March 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 32A PROSPECT ROAD lies on this distribution: 44% of detached houses are smaller than 32A PROSPECT ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

32A PROSPECT ROAD: Plot and Title Map

32A PROSPECT ROAD sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of 32A PROSPECT ROAD, 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 32A PROSPECT ROAD). 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 32A PROSPECT ROAD?

32A PROSPECT ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 32A on PROSPECT ROAD.