SCHOOL HOUSE, FROGMORE ROAD, MARKET DRAYTON, TF9 3AS - £482,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SCHOOL HOUSE is a very large detached house of 205m², built sometime between 1900 and 1929, which could now be worth an estimated £626,268. It was last sold for £482,500 in July 2020, which was around 50% above the average July 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was D.

SCHOOL HOUSE Sold Prices

Land registry data shows three sales for SCHOOL 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 SCHOOL HOUSE 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
2020 1 JUL	£482,500	£321,492	50% above HPI
2018 31 JAN	£482,500	£305,975	58% above HPI
1997 25 JUL	£149,000	£93,274	60% above HPI

SCHOOL 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 SCHOOL HOUSE sales between July 1997 and July 2020 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 January 2018 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2020 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £626,268.

This is based on house price inflation of 29.8%, between July 2020 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.8% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £482,500 on 1st July 2020. For the value to have increased from £482,500 to £626,268 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2020 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since July 2020.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 205m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Drayton, and where SCHOOL HOUSE lies on this distribution: 96% of detached houses houses are smaller than SCHOOL HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.256 of an acre, or 1,037m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL HOUSE?

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