8, THE BURGAGE, MARKET DRAYTON, TF9 1EG - £200,000

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.

8 THE BURGAGE is a midsized extended detached house of 109m², built sometime before 1900, which could now be worth an estimated £278,966. It was last sold for £200,000 in March 2017, which was around 33% below the average March 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

8 THE BURGAGE Sold Prices

Land registry data shows two sales for 8 THE BURGAGE 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 THE BURGAGE 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
2017 17 MAR	£200,000	£299,166	33% below HPI
1997 21 FEB	£50,000	£88,973	44% below HPI

8 THE BURGAGE 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 THE BURGAGE sales from February 1997 and March 2017 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 February 1997 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2017 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 THE BURGAGE be worth now?

8 THE BURGAGE might now be worth an estimated £278,966.

This is based on house price inflation of 39.5%, between March 2017 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 39.5% inflationary increase is applied to the most recent sale price for 8 THE BURGAGE of £200,000 on 17th March 2017. For the value to have increased from £200,000 to £278,966 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 8 THE BURGAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE BURGAGE has not materially changed since March 2017.

How Large is 8 THE BURGAGE?

8 THE BURGAGE is 109m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% 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 8 THE BURGAGE lies on this distribution: 44% of detached houses houses are smaller than 8 THE BURGAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

8 THE BURGAGE: Plot and Title Map

8 THE BURGAGE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 8 THE BURGAGE, 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 THE BURGAGE). 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 THE BURGAGE?

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