18, PEZENAS DRIVE, MARKET DRAYTON, TF9 3UJ - £139,000

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.

18 PEZENAS DRIVE is a very small semi-detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £229,163. It was last sold for £139,000 in February 2014, which was around 12% below the average February 2014 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was B.

18 PEZENAS DRIVE Sold Prices

Land registry data shows five sales for 18 PEZENAS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. Most of the five 18 PEZENAS DRIVE 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
2014 20 FEB	£139,000	£158,094	12% below HPI
2004 5 MAR	£116,000	£132,751	13% below HPI
2000 3 FEB	£59,999	£64,150	6% below HPI
1997 21 FEB	£59,950	£52,388	14% above HPI
1996 28 JUN	£59,950	£50,201	19% above HPI

18 PEZENAS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The five 18 PEZENAS DRIVE sales between June 1996 and February 2014 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 March 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 18 PEZENAS DRIVE be worth now?

18 PEZENAS DRIVE might now be worth an estimated £229,163.

This is based on house price inflation of 64.9%, between February 2014 and February 2025, for semi-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 64.9% inflationary increase is applied to the most recent sale price for 18 PEZENAS DRIVE of £139,000 on 20th February 2014. For the value to have increased from £139,000 to £229,163 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 18 PEZENAS DRIVE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The February 2014 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PEZENAS DRIVE has not materially changed since February 2014.

How Large is 18 PEZENAS DRIVE?

18 PEZENAS DRIVE is 81m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of semi-detached houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Drayton, and where 18 PEZENAS DRIVE lies on this distribution: 19% of semi-detached houses houses are smaller than 18 PEZENAS DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

18 PEZENAS DRIVE: Plot and Title Map

18 PEZENAS DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 18 PEZENAS DRIVE, 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 18 PEZENAS DRIVE). 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 18 PEZENAS DRIVE?

18 PEZENAS DRIVE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 18 on PEZENAS DRIVE.