7, MARSH LANE, HINSTOCK, MARKET DRAYTON, TF9 2TG - £365,000

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 MARSH LANE is a very small extended detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £481,581. It was last sold for £365,000 in May 2019, which was around 15% above the average May 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

7 MARSH LANE Sold Prices

Land registry data shows three sales for 7 MARSH 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 7 MARSH LANE sales were 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
2019 31 MAY	£365,000	£316,269	15% above HPI
2002 18 OCT	£225,000	£174,713	29% above HPI
2001 21 MAY	£150,000	£134,606	11% above HPI

7 MARSH 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 7 MARSH LANE sales between May 2001 and May 2019 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 October 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 MARSH LANE be worth now?

7 MARSH LANE might now be worth an estimated £481,581.

This is based on house price inflation of 31.9%, between May 2019 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 31.9% inflationary increase is applied to the most recent sale price for 7 MARSH LANE of £365,000 on 31st May 2019. For the value to have increased from £365,000 to £481,581 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 7 MARSH LANE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARSH LANE has not materially changed since May 2019.

How Large is 7 MARSH LANE?

7 MARSH LANE is 106m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses houses in Hinstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinstock, and where 7 MARSH LANE lies on this distribution: 14% of detached houses houses are smaller than 7 MARSH LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hinstock.

7 MARSH LANE: Plot and Title Map

7 MARSH LANE sits on a plot of roughly 0.751 of an acre, or 3,038m². The below map shows the location of 7 MARSH 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 7 MARSH 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 7 MARSH LANE?

7 MARSH LANE is located in HINSTOCK, in the TF9 postcode district. The below map shows the position of No. 7 on MARSH LANE.