GRASMERE, CHRISTCHURCH LANE, MARKET DRAYTON, TF9 1DZ - £292,500

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

GRASMERE is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £292,500 in November 2013, which was around 16% above the average November 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

GRASMERE Sold Prices

Land registry data shows four sales for GRASMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four GRASMERE sales were 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
2013 1 NOV	£292,500	£252,975	16% above HPI
2007 6 DEC	£280,000	£275,819	2% above HPI
2001 20 JUL	£152,500	£134,790	13% above HPI
1998 26 JUN	£114,000	£96,250	18% above HPI

GRASMERE 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 four GRASMERE sales between June 1998 and November 2013 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2013 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is GRASMERE?

GRASMERE is 112m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 GRASMERE lies on this distribution: 48% of detached houses are smaller than GRASMERE, and 52% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on CHRISTCHURCH LANE in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of GRASMERE on CHRISTCHURCH LANE.