55, FOREST ROAD, MARKET DRAYTON, TF9 3HX - £185,000

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

55 FOREST ROAD is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £185,000 in February 2016, which was around 34% below the average February 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

55 FOREST ROAD Sold Prices

Land registry data shows three sales for 55 FOREST ROAD 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 55 FOREST ROAD 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 26 FEB	£185,000	£280,716	34% below HPI
2004 28 SEP	£171,000	£239,150	28% below HPI
1997 2 DEC	£68,000	£94,298	28% below HPI

55 FOREST ROAD 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 55 FOREST ROAD sales between December 1997 and February 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 September 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 55 FOREST ROAD?

55 FOREST ROAD is 95m², which includes one extension, according to the EPC inspection conducted in February 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 55 FOREST ROAD lies on this distribution: 30% of detached houses are smaller than 55 FOREST ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

55 FOREST ROAD: Plot and Title Map

55 FOREST ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 55 FOREST 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 55 FOREST 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.

Where is 55 FOREST ROAD?

55 FOREST ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 55 on FOREST ROAD.