LABURNUM HOUSE, RED BARN ROAD, MARKET DRAYTON, TF9 3FW - £144,000

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

LABURNUM HOUSE is a very small detached house of 77m², built sometime from 2007 onwards. It was last sold for £144,000 in July 2013, which was around 43% below the average July 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

LABURNUM HOUSE Sold Prices

Land registry data shows three sales for LABURNUM HOUSE 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 LABURNUM HOUSE 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
2013 16 JUL	£144,000	£252,631	43% below HPI
2010 2 SEP	£144,000	£263,429	45% below HPI
2010 26 MAR	£142,496	£251,968	43% below HPI

LABURNUM HOUSE 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 LABURNUM HOUSE sales between March 2010 and July 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 September 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2013 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is LABURNUM HOUSE?

LABURNUM HOUSE is 77m² according to the EPC inspection conducted in May 2011. 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 LABURNUM HOUSE lies on this distribution: 15% of detached houses are smaller than LABURNUM HOUSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

LABURNUM HOUSE: Plot and Title Map

LABURNUM HOUSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of LABURNUM HOUSE, 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 LABURNUM HOUSE). 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 LABURNUM HOUSE?

LABURNUM HOUSE is located on RED BARN ROAD in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of LABURNUM HOUSE on RED BARN ROAD.