WAYSIDE, GROTTO ROAD, MARKET DRAYTON, TF9 3DY - £177,500

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

WAYSIDE is a very small detached house of 72m², built sometime from 2012 onwards. It was last sold for £177,500 in October 2004, which was around 26% below the average October 2004 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

WAYSIDE Sold Prices

Land registry data shows two sales for WAYSIDE 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 WAYSIDE 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
2004 8 OCT	£177,500	£239,044	26% below HPI
2003 4 AUG	£155,000	£197,869	22% below HPI

WAYSIDE 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 WAYSIDE sales from August 2003 and October 2004 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 August 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2004 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is WAYSIDE?

WAYSIDE is 72m² according to the EPC inspection conducted in February 2023. 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 WAYSIDE lies on this distribution: 12% of detached houses are smaller than WAYSIDE, and 88% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

WAYSIDE is located on GROTTO ROAD in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of WAYSIDE on GROTTO ROAD.