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

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.

WAYSIDE is a very small detached house of 72m², built sometime from 2012 onwards, which could now be worth an estimated £301,432. It was last sold for £177,500 in October 2004, which was around 28% 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	£245,721	28% below HPI
2003 4 AUG	£155,000	£203,396	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2004 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £301,432.

This is based on house price inflation of 69.8%, between October 2004 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 69.8% inflationary increase is applied to the most recent sale price for WAYSIDE of £177,500 on 8th October 2004. For the value to have increased from £177,500 to £301,432 over the 21 years and eight months to February 2025, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2004 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since October 2004.

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 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 WAYSIDE lies on this distribution: 12% of detached houses houses are smaller than WAYSIDE, and 87% 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.