Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 GROVE GARDENS is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £190,000 in November 2017, which was around 36% below the average November 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 4 GROVE GARDENS since 1st 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 4 GROVE 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 |
---|---|---|---|
2017 6 NOV | £190,000 | £297,190 | 36% below HPI |
2012 26 JUL | £172,000 | £247,090 | 30% below HPI |
2003 1 SEP | £120,000 | £200,319 | 40% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 4 GROVE GARDENS sales between September 2003 and November 2017 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 July 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
4 GROVE GARDENS is 78m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 4 GROVE GARDENS lies on this distribution: 17% of detached houses are smaller than 4 GROVE GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.
4 GROVE GARDENS sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 4 GROVE 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 GROVE 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.
4 GROVE GARDENS is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 4 on GROVE GARDENS.