8, GROVE GARDENS, MARKET DRAYTON, TF9 1HG - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 GROVE GARDENS is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £325,000 in August 2024, which was around 20% below the average August 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

8 GROVE GARDENS Sold Prices

Land registry data shows three sales for 8 GROVE GARDENS 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 8 GROVE GARDENS 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
2024 23 AUG	£325,000	£404,386	20% below HPI
2007 20 DEC	£165,000	£275,819	40% below HPI
1997 17 APR	£67,150	£87,775	23% below HPI

8 GROVE GARDENS 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 8 GROVE GARDENS sales between April 1997 and August 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 December 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 GROVE GARDENS?

8 GROVE GARDENS is 78m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% 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 GROVE GARDENS lies on this distribution: 16% of detached houses are smaller than 8 GROVE GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

8 GROVE GARDENS: Plot and Title Map

8 GROVE GARDENS sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 8 GROVE GARDENS, 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 GROVE GARDENS). 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 GROVE GARDENS?

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