THE PINES, BETTON ROAD, MARKET DRAYTON, TF9 1HH - £229,950

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

THE PINES is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £229,950 in July 2018, which was around 25% below the average July 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

THE PINES Sold Prices

Land registry data shows three sales for THE PINES 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 THE PINES 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
2018 6 JUL	£229,950	£305,677	25% below HPI
2010 30 JUL	£200,000	£259,736	23% below HPI
2001 9 NOV	£95,000	£142,719	33% below HPI

THE PINES 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 THE PINES sales between November 2001 and July 2018 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 July 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is THE PINES?

THE PINES is 73m² according to the EPC inspection conducted in November 2022. 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 THE PINES lies on this distribution: 13% of detached houses are smaller than THE PINES, and 87% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of THE PINES, 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 THE PINES). 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 THE PINES?

THE PINES is located on BETTON ROAD in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of THE PINES on BETTON ROAD.