41, VERNON DRIVE, MARKET DRAYTON, TF9 3UW - £167,000

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

41 VERNON DRIVE is a small extended detached house of 99m², built sometime between 2003 and 2006. It was last sold for £167,000 in November 2020, which was around 50% below the average November 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

41 VERNON DRIVE Sold Prices

Land registry data shows two sales for 41 VERNON DRIVE 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 41 VERNON DRIVE 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
2020 13 NOV	£167,000	£334,415	50% below HPI
2006 28 JUL	£169,995	£257,734	34% below HPI

41 VERNON DRIVE 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 41 VERNON DRIVE sales from July 2006 and November 2020 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 41 VERNON DRIVE?

41 VERNON DRIVE is 99m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 41 VERNON DRIVE lies on this distribution: 34% of detached houses are smaller than 41 VERNON DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

41 VERNON DRIVE: Plot and Title Map

41 VERNON DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 41 VERNON DRIVE, 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 VERNON DRIVE). 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 41 VERNON DRIVE?

41 VERNON DRIVE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 41 on VERNON DRIVE.