74, PROSPECT ROAD, MARKET DRAYTON, TF9 3BJ - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

74 PROSPECT ROAD is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £230,000 in April 2024, which was around 40% below the average April 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

74 PROSPECT ROAD Sold Prices

Land registry data shows three sales for 74 PROSPECT ROAD 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. Two of the three 74 PROSPECT ROAD sales were for below the average price, whilst one was 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
2024 26 APR	£230,000	£386,052	40% below HPI
2009 16 OCT	£150,000	£244,758	39% below HPI
1996 16 DEC	£86,500	£85,976	1% above HPI

74 PROSPECT 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 three 74 PROSPECT ROAD sales between December 1996 and April 2024 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 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 74 PROSPECT ROAD?

74 PROSPECT ROAD is 93m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 74 PROSPECT ROAD lies on this distribution: 27% of detached houses are smaller than 74 PROSPECT ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

74 PROSPECT ROAD: Plot and Title Map

74 PROSPECT ROAD sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 74 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 74 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.

Where is 74 PROSPECT ROAD?

74 PROSPECT ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 74 on PROSPECT ROAD.