KINVARA, SCHOOL LANE, MARKET DRAYTON, TF9 1LX - £180,000

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

KINVARA is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £180,000 in July 2023, which was around 54% below the average July 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

KINVARA Sold Prices

Land registry data shows three sales for KINVARA 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 KINVARA 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
2023 14 JUL	£180,000	£388,653	54% below HPI
2006 13 AUG	£180,000	£260,070	31% below HPI
2005 14 APR	£169,950	£233,392	27% below HPI

KINVARA 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 KINVARA sales between April 2005 and July 2023 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 August 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is KINVARA?

KINVARA is 76m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 KINVARA lies on this distribution: 15% of detached houses are smaller than KINVARA, and 85% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

KINVARA: Plot and Title Map

KINVARA sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of KINVARA, 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 KINVARA). 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 KINVARA?

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