6, HOSPITAL LANE, MARKET DRAYTON, TF9 3BT - £125,000

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

6 HOSPITAL LANE is a very small extended semi-detached house of 72m², built sometime between 1991 and 1995. It was last sold for £125,000 in March 2013, which was around 49% below the average March 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

6 HOSPITAL LANE Sold Prices

Land registry data shows three sales for 6 HOSPITAL LANE 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 6 HOSPITAL LANE 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
2013 11 MAR	£125,000	£245,730	49% below HPI
1996 6 SEP	£59,500	£85,447	30% below HPI
1995 4 DEC	£53,950	£82,666	35% below HPI

6 HOSPITAL 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 three 6 HOSPITAL LANE sales between December 1995 and March 2013 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 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 6 HOSPITAL LANE?

6 HOSPITAL LANE is 72m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% 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 6 HOSPITAL LANE lies on this distribution: 12% of detached houses are smaller than 6 HOSPITAL LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

6 HOSPITAL LANE: Plot and Title Map

6 HOSPITAL LANE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 6 HOSPITAL 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 6 HOSPITAL 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 6 HOSPITAL LANE?

6 HOSPITAL LANE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 6 on HOSPITAL LANE.