35, SMITHFIELD ROAD, MARKET DRAYTON, TF9 1EJ - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

35 SMITHFIELD ROAD is a small extended detached house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £494,563. It was last sold for £350,000 in August 2016, which was around 19% above the average August 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

35 SMITHFIELD ROAD Sold Prices

Land registry data shows three sales for 35 SMITHFIELD ROAD 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. All of the three 35 SMITHFIELD ROAD sales were 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
2016 16 AUG	£350,000	£295,311	19% above HPI
2015 9 OCT	£350,000	£286,070	22% above HPI
2006 12 MAY	£275,000	£255,241	8% above HPI

35 SMITHFIELD 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 three 35 SMITHFIELD ROAD sales between May 2006 and August 2016 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 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2016 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 35 SMITHFIELD ROAD be worth now?

35 SMITHFIELD ROAD might now be worth an estimated £494,563.

This is based on house price inflation of 41.3%, between August 2016 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.3% inflationary increase is applied to the most recent sale price for 35 SMITHFIELD ROAD of £350,000 on 16th August 2016. For the value to have increased from £350,000 to £494,563 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 35 SMITHFIELD ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 35 SMITHFIELD ROAD has not materially changed since August 2016.

How Large is 35 SMITHFIELD ROAD?

35 SMITHFIELD ROAD is 102m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Drayton, and where 35 SMITHFIELD ROAD lies on this distribution: 37% of detached houses houses are smaller than 35 SMITHFIELD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

35 SMITHFIELD ROAD: Plot and Title Map

35 SMITHFIELD ROAD sits on a plot of roughly 0.291 of an acre, or 1,179m². The below map shows the location of 35 SMITHFIELD 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 35 SMITHFIELD 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 35 SMITHFIELD ROAD?

35 SMITHFIELD ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 35 on SMITHFIELD ROAD.