8, FOREST ROAD, MARKET DRAYTON, TF9 3HX - £172,000

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

8 FOREST ROAD is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £172,000 in October 2018, which was around 45% below the average October 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

8 FOREST ROAD Sold Prices

Land registry data shows two sales for 8 FOREST ROAD 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 8 FOREST 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
2018 2 OCT	£172,000	£311,928	45% below HPI
2000 12 JUL	£79,500	£121,768	35% below HPI

8 FOREST 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 two 8 FOREST ROAD sales from July 2000 and October 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 July 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 8 FOREST ROAD?

8 FOREST ROAD is 56m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 8 FOREST ROAD lies on this distribution: 3% of detached houses are smaller than 8 FOREST ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

8 FOREST ROAD: Plot and Title Map

8 FOREST ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 FOREST 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 8 FOREST 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 8 FOREST ROAD?

8 FOREST ROAD is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 8 on FOREST ROAD.