7, PEZENAS DRIVE, MARKET DRAYTON, TF9 3UJ - £179,000

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 PEZENAS DRIVE is a very small detached house of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £207,342. It was last sold for £179,000 in October 2021, which was around 50% below the average October 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

7 PEZENAS DRIVE Sold Prices

Land registry data shows four sales for 7 PEZENAS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 7 PEZENAS DRIVE 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
2021 28 OCT	£179,000	£360,245	50% below HPI
2018 31 AUG	£154,500	£319,095	52% below HPI
1999 28 MAY	£60,000	£102,575	42% below HPI
1996 31 OCT	£54,950	£88,913	38% below HPI

7 PEZENAS DRIVE 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 four 7 PEZENAS DRIVE sales between October 1996 and October 2021 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 August 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2021 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 7 PEZENAS DRIVE be worth now?

7 PEZENAS DRIVE might now be worth an estimated £207,342.

This is based on house price inflation of 15.8%, between October 2021 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 15.8% inflationary increase is applied to the most recent sale price for 7 PEZENAS DRIVE of £179,000 on 28th October 2021. For the value to have increased from £179,000 to £207,342 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 PEZENAS DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2021 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PEZENAS DRIVE has not materially changed since October 2021.

How Large is 7 PEZENAS DRIVE?

7 PEZENAS DRIVE is 66m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 PEZENAS DRIVE lies on this distribution: 8% of detached houses houses are smaller than 7 PEZENAS DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

7 PEZENAS DRIVE: Plot and Title Map

7 PEZENAS DRIVE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 7 PEZENAS DRIVE, 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 PEZENAS DRIVE). 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 PEZENAS DRIVE?

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