7, MASEFIELD CLOSE, MARKET DRAYTON, TF9 1PE - £360,000

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 MASEFIELD CLOSE is a very large extended detached house of 200m², built sometime between 1996 and 2002, which could now be worth an estimated £483,143. It was last sold for £360,000 in July 2018, which was around 15% above the average July 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

7 MASEFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 MASEFIELD 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. Both of the two 7 MASEFIELD CLOSE 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
2018 27 JUL	£360,000	£314,216	15% above HPI
2002 19 DEC	£265,000	£182,914	45% above HPI

7 MASEFIELD 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 7 MASEFIELD CLOSE sales from December 2002 and July 2018 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 December 2002 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 MASEFIELD CLOSE be worth now?

7 MASEFIELD CLOSE might now be worth an estimated £483,143.

This is based on house price inflation of 34.2%, between July 2018 and March 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 34.2% inflationary increase is applied to the most recent sale price for 7 MASEFIELD CLOSE of £360,000 on 27th July 2018. For the value to have increased from £360,000 to £483,143 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of 7 MASEFIELD CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MASEFIELD CLOSE has not materially changed since July 2018.

How Large is 7 MASEFIELD CLOSE?

7 MASEFIELD CLOSE is 200m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 MASEFIELD CLOSE lies on this distribution: 96% of detached houses houses are smaller than 7 MASEFIELD CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

7 MASEFIELD CLOSE: Plot and Title Map

7 MASEFIELD CLOSE sits on a plot of roughly 0.287 of an acre, or 1,163m². The below map shows the location of 7 MASEFIELD 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 7 MASEFIELD 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 7 MASEFIELD CLOSE?

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