6, RIDINGS CLOSE, MARKET DRAYTON, TF9 3UL - £227,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 RIDINGS CLOSE is a large detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £349,848. It was last sold for £227,500 in April 2015, which was around 16% below the average April 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

6 RIDINGS CLOSE Sold Prices

Land registry data shows two sales for 6 RIDINGS CLOSE 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. One of the two 6 RIDINGS CLOSE 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
2015 17 APR	£227,500	£271,353	16% below HPI
1998 17 APR	£104,950	£95,575	10% above HPI

6 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 two 6 RIDINGS CLOSE sales from April 1998 and April 2015 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 April 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 RIDINGS CLOSE be worth now?

6 RIDINGS CLOSE might now be worth an estimated £349,848.

This is based on house price inflation of 53.8%, between April 2015 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.8% inflationary increase is applied to the most recent sale price for 6 RIDINGS CLOSE of £227,500 on 17th April 2015. For the value to have increased from £227,500 to £349,848 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 6 RIDINGS CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2015 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 6 RIDINGS CLOSE has not materially changed since April 2015.

How Large is 6 RIDINGS CLOSE?

6 RIDINGS CLOSE is 139m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Drayton, and where 6 RIDINGS CLOSE lies on this distribution: 70% of detached houses houses are smaller than 6 RIDINGS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

6 RIDINGS CLOSE: Plot and Title Map

6 RIDINGS CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 6 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 6 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 6 RIDINGS CLOSE?

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