Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
68 PROSPECT ROAD is a midsized extended detached house of 105m², built sometime before 1900. It was last sold for £318,000 in April 2023, which was around 17% below the average April 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 68 PROSPECT 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. Both of the two 68 PROSPECT 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 |
---|---|---|---|
2023 26 APR | £318,000 | £382,445 | 17% below HPI |
2000 18 FEB | £75,000 | £107,798 | 30% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 68 PROSPECT ROAD sales from February 2000 and April 2023 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 February 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
68 PROSPECT ROAD is 105m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% 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 68 PROSPECT ROAD lies on this distribution: 40% of detached houses are smaller than 68 PROSPECT ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.
68 PROSPECT ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 68 PROSPECT 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 68 PROSPECT 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.
68 PROSPECT ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 68 on PROSPECT ROAD.