PRIMROSE COTTAGE, TERN RIDGE, MARKET DRAYTON, TF9 1JJ - £620,000

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

PRIMROSE COTTAGE is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £620,000 in November 2022, which was around 57% above the average November 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

PRIMROSE COTTAGE Sold Prices

Land registry data shows two sales for PRIMROSE COTTAGE 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 PRIMROSE COTTAGE 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
2022 28 NOV	£620,000	£394,615	57% above HPI
2001 3 APR	£221,995	£128,434	73% above HPI

PRIMROSE COTTAGE 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 PRIMROSE COTTAGE sales from April 2001 and November 2022 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 April 2001 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the November 2022 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is PRIMROSE COTTAGE?

PRIMROSE COTTAGE is 170m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 PRIMROSE COTTAGE lies on this distribution: 88% of detached houses are smaller than PRIMROSE COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

PRIMROSE COTTAGE: Plot and Title Map

PRIMROSE COTTAGE sits on a plot of roughly 0.385 of an acre, or 1,558m². The below map shows the location of PRIMROSE COTTAGE, 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 PRIMROSE COTTAGE). 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 PRIMROSE COTTAGE?

PRIMROSE COTTAGE is located on TERN RIDGE in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of PRIMROSE COTTAGE on TERN RIDGE.