7, BRIDGE ROAD, MARKET DRAYTON, TF9 3UN - £174,000

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.

7 BRIDGE ROAD is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £273,987. It was last sold for £174,000 in July 2014, which was around 34% below the average July 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

7 BRIDGE ROAD Sold Prices

Land registry data shows six sales for 7 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 7 BRIDGE 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
2014 2 JUL	£174,000	£265,004	34% below HPI
2007 28 FEB	£179,995	£266,084	32% below HPI
2006 10 JUL	£173,000	£264,933	35% below HPI
2002 17 MAY	£95,000	£153,546	38% below HPI
2001 18 MAY	£85,000	£134,606	37% below HPI
1999 9 APR	£71,950	£103,177	30% below HPI

7 BRIDGE 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 six 7 BRIDGE ROAD sales between April 1999 and July 2014 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 BRIDGE ROAD be worth now?

7 BRIDGE ROAD might now be worth an estimated £273,987.

This is based on house price inflation of 57.5%, between July 2014 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 57.5% inflationary increase is applied to the most recent sale price for 7 BRIDGE ROAD of £174,000 on 2nd July 2014. For the value to have increased from £174,000 to £273,987 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 7 BRIDGE ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2014 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BRIDGE ROAD has not materially changed since July 2014.

How Large is 7 BRIDGE ROAD?

7 BRIDGE ROAD is 79m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% 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 7 BRIDGE ROAD lies on this distribution: 18% of detached houses houses are smaller than 7 BRIDGE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

7 BRIDGE ROAD: Plot and Title Map

7 BRIDGE ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 7 BRIDGE 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 7 BRIDGE 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 7 BRIDGE ROAD?

7 BRIDGE ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 7 on BRIDGE ROAD.