WATERS EDGE, BETTON ROAD, MARKET DRAYTON, TF9 1HH - £370,000

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

WATERS EDGE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £370,000 in February 2021, which was around 10% above the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

WATERS EDGE Sold Prices

Land registry data shows three sales for WATERS EDGE 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 WATERS EDGE 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
2021 5 FEB	£370,000	£337,441	10% above HPI
2019 18 JAN	£320,000	£306,230	4% above HPI
2004 8 JUL	£270,000	£226,153	19% above HPI

WATERS EDGE 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 WATERS EDGE sales between July 2004 and February 2021 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 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is WATERS EDGE?

WATERS EDGE is 99m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% 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 WATERS EDGE lies on this distribution: 34% of detached houses are smaller than WATERS EDGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

WATERS EDGE: Plot and Title Map

WATERS EDGE sits on a plot of roughly 0.330 of an acre, or 1,337m². The below map shows the location of WATERS EDGE, 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 WATERS EDGE). 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 WATERS EDGE?

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