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

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 THE BURGAGE is a midsized extended detached house of 109m², built sometime before 1900. It was last sold for £200,000 in March 2017, which was around 31% 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	£291,037	31% below HPI
1997 21 FEB	£50,000	£86,555	42% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Market Drayton, and where 8 THE BURGAGE lies on this distribution: 45% of detached houses are smaller than 8 THE BURGAGE, and 54% 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.