4, PRIORS LANE, MARKET DRAYTON, TF9 3UQ - £265,000

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

4 PRIORS LANE is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £265,000 in May 2008, which was around 1% below the average May 2008 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 PRIORS LANE Sold Prices

Land registry data shows two sales for 4 PRIORS LANE 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 4 PRIORS LANE sales was for below the average price, whilst the other was roughly equal to 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
2008 8 MAY	£265,000	£267,606	1% below HPI
2001 21 SEP	£140,500	£140,055	Close to HPI

4 PRIORS LANE 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 PRIORS LANE sales from September 2001 and May 2008 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2008 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 PRIORS LANE?

4 PRIORS LANE is 131m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% 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 PRIORS LANE lies on this distribution: 63% of detached houses are smaller than 4 PRIORS LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

4 PRIORS LANE: Plot and Title Map

4 PRIORS LANE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 4 PRIORS LANE, 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 PRIORS LANE). 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 PRIORS LANE?

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