4, RIDINGS CLOSE, MARKET DRAYTON, TF9 3UL - £253,000

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 RIDINGS CLOSE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £253,000 in August 2016, which was around 12% below the average August 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.

4 RIDINGS CLOSE Sold Prices

Land registry data shows three sales for 4 RIDINGS CLOSE 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 4 RIDINGS CLOSE 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
2016 31 AUG	£253,000	£287,287	12% below HPI
2005 25 NOV	£203,000	£245,308	17% below HPI
1998 21 AUG	£85,995	£99,152	13% below HPI

4 RIDINGS CLOSE 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 4 RIDINGS CLOSE sales between August 1998 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 November 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 RIDINGS CLOSE?

4 RIDINGS CLOSE is 126m² according to the EPC inspection conducted in August 2015. This puts it in the largest 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 4 RIDINGS CLOSE lies on this distribution: 59% of detached houses are smaller than 4 RIDINGS CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

4 RIDINGS CLOSE: Plot and Title Map

4 RIDINGS CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 4 RIDINGS CLOSE, 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 RIDINGS CLOSE). 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 RIDINGS CLOSE?

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