48, GREAT HALES STREET, MARKET DRAYTON, TF9 1JL - £127,000

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.

48 GREAT HALES STREET is a very small terraced house of 54m², built sometime before 1900, which could now be worth an estimated £156,150. It was last sold for £127,000 in May 2021, which was around 26% below the average May 2021 terraced price in the Shropshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

48 GREAT HALES STREET Sold Prices

Land registry data shows seven sales for 48 GREAT HALES STREET since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. All of the seven 48 GREAT HALES STREET 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
2021 10 MAY	£127,000	£170,938	26% below HPI
2017 3 FEB	£116,000	£145,916	21% below HPI
2009 23 OCT	£104,500	£126,976	18% below HPI
2006 26 MAY	£98,000	£128,714	24% below HPI
2004 25 OCT	£90,000	£118,843	24% below HPI
2001 24 AUG	£52,000	£62,476	17% below HPI
2000 28 JAN	£40,500	£49,397	18% below HPI

48 GREAT HALES STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The seven 48 GREAT HALES STREET sales between January 2000 and May 2021 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 February 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 48 GREAT HALES STREET be worth now?

48 GREAT HALES STREET might now be worth an estimated £156,150.

This is based on house price inflation of 23%, between May 2021 and July 2025, for terraced 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 23% inflationary increase is applied to the most recent sale price for 48 GREAT HALES STREET of £127,000 on 10th May 2021. For the value to have increased from £127,000 to £156,150 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 48 GREAT HALES STREET has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The May 2021 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GREAT HALES STREET has not materially changed since May 2021.

How Large is 48 GREAT HALES STREET?

48 GREAT HALES STREET is 54m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of terraced houses houses in Market Drayton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Market Drayton, and where 48 GREAT HALES STREET lies on this distribution: 2% of terraced houses houses are smaller than 48 GREAT HALES STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

48 GREAT HALES STREET: Plot and Title Map

48 GREAT HALES STREET sits on a plot of roughly 0.016 of an acre, or 63m². The below map shows the location of 48 GREAT HALES STREET, 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 48 GREAT HALES STREET). 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 48 GREAT HALES STREET?

48 GREAT HALES STREET is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 48 on GREAT HALES STREET.