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
41 SMITHFIELD ROAD is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £270,000 in October 2018, which was around 13% below the average October 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 41 SMITHFIELD ROAD since 1st 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 41 SMITHFIELD ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2018 16 OCT | £270,000 | £311,928 | 13% below HPI |
1996 22 NOV | £100,001 | £86,286 | 16% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 41 SMITHFIELD ROAD sales from November 1996 and October 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 November 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
41 SMITHFIELD ROAD is 142m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% 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 41 SMITHFIELD ROAD lies on this distribution: 72% of detached houses are smaller than 41 SMITHFIELD ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.
41 SMITHFIELD ROAD sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 41 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 41 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.
41 SMITHFIELD ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 41 on SMITHFIELD ROAD.