WATERSIDE, TERN VIEW, MARKET DRAYTON, TF9 1DU - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WATERSIDE is a very large extended detached house of 272m², built sometime between 2003 and 2006, which could now be worth an estimated £665,014. It was last sold for £550,000 in November 2020, which was around 60% above the average November 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

WATERSIDE Sold Prices

Land registry data shows two sales for WATERSIDE 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. One of the two WATERSIDE sales was for above the average price, whilst the other was 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
2020 25 NOV	£550,000	£343,756	60% above HPI
2003 27 JUN	£95,000	£195,592	51% below HPI

WATERSIDE 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 WATERSIDE sales from June 2003 and November 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 June 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2020 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might WATERSIDE be worth now?

WATERSIDE might now be worth an estimated £665,014.

This is based on house price inflation of 20.9%, between November 2020 and December 2024, 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 20.9% inflationary increase is applied to the most recent sale price for WATERSIDE of £550,000 on 25th November 2020. For the value to have increased from £550,000 to £665,014 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of WATERSIDE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of WATERSIDE has not materially changed since November 2020.

How Large is WATERSIDE?

WATERSIDE is 272m², which includes three extensions, according to the EPC inspection conducted in November 2019. 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 WATERSIDE lies on this distribution: 99% of detached houses houses are smaller than WATERSIDE, and 1% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

WATERSIDE: Plot and Title Map

WATERSIDE sits on a plot of roughly 0.411 of an acre, or 1,662m². The below map shows the location of WATERSIDE, 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 WATERSIDE). 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 WATERSIDE?

WATERSIDE is located on TERN VIEW in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of WATERSIDE on TERN VIEW.