4, CHESHIRE GARDENS, MARKET DRAYTON, TF9 3EF - £160,000

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.

4 CHESHIRE GARDENS is a very small detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £210,309. It was last sold for £160,000 in November 2018, which was around 50% below the average November 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

4 CHESHIRE GARDENS Sold Prices

Land registry data shows two sales for 4 CHESHIRE GARDENS 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. Both of the two 4 CHESHIRE GARDENS 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 23 NOV	£160,000	£317,464	50% below HPI
1999 18 JAN	£60,000	£102,813	42% below HPI

4 CHESHIRE GARDENS 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 4 CHESHIRE GARDENS sales from January 1999 and November 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 January 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 4 CHESHIRE GARDENS be worth now?

4 CHESHIRE GARDENS might now be worth an estimated £210,309.

This is based on house price inflation of 31.4%, between November 2018 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 31.4% inflationary increase is applied to the most recent sale price for 4 CHESHIRE GARDENS of £160,000 on 23rd November 2018. For the value to have increased from £160,000 to £210,309 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 CHESHIRE GARDENS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESHIRE GARDENS has not materially changed since November 2018.

How Large is 4 CHESHIRE GARDENS?

4 CHESHIRE GARDENS is 53m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% 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 4 CHESHIRE GARDENS lies on this distribution: 2% of detached houses houses are smaller than 4 CHESHIRE GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

4 CHESHIRE GARDENS: Plot and Title Map

4 CHESHIRE GARDENS sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 4 CHESHIRE GARDENS, 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 4 CHESHIRE GARDENS). 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 4 CHESHIRE GARDENS?

4 CHESHIRE GARDENS is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 4 on CHESHIRE GARDENS.