4, THE WESTFIELDS, CHESWARDINE, MARKET DRAYTON, TF9 2PJ - £200,000

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.

4 THE WESTFIELDS is a small extended detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £281,737. It was last sold for £200,000 in February 2017, which was around 33% below the average February 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

4 THE WESTFIELDS Sold Prices

Land registry data shows four sales for 4 THE WESTFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 4 THE WESTFIELDS 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
2017 3 FEB	£200,000	£299,803	33% below HPI
2014 2 DEC	£188,000	£270,116	30% below HPI
2001 7 MAR	£77,000	£128,736	40% below HPI
1998 17 MAR	£74,950	£96,212	22% below HPI

4 THE WESTFIELDS 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 four 4 THE WESTFIELDS sales between March 1998 and February 2017 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 December 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 THE WESTFIELDS be worth now?

4 THE WESTFIELDS might now be worth an estimated £281,737.

This is based on house price inflation of 40.9%, between February 2017 and May 2026, 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 40.9% inflationary increase is applied to the most recent sale price for 4 THE WESTFIELDS of £200,000 on 3rd February 2017. For the value to have increased from £200,000 to £281,737 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 THE WESTFIELDS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE WESTFIELDS has not materially changed since February 2017.

How Large is 4 THE WESTFIELDS?

4 THE WESTFIELDS is 73m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses houses in Cheswardine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheswardine, and where 4 THE WESTFIELDS lies on this distribution: 20% of detached houses houses are smaller than 4 THE WESTFIELDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Cheswardine.

4 THE WESTFIELDS: Plot and Title Map

4 THE WESTFIELDS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 THE WESTFIELDS, 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 4 THE WESTFIELDS). 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 4 THE WESTFIELDS?

4 THE WESTFIELDS is located in CHESWARDINE, in the TF9 postcode district. The below map shows the position of No. 4 on THE WESTFIELDS.