5, GROVE GARDENS, MARKET DRAYTON, TF9 1HG - £345,000

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.

5 GROVE GARDENS is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £367,960. It was last sold for £345,000 in May 2023, which was around 12% below the average May 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

5 GROVE GARDENS Sold Prices

Land registry data shows four sales for 5 GROVE GARDENS 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 5 GROVE GARDENS 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
2023 2 MAY	£345,000	£391,247	12% below HPI
2020 17 JUL	£275,000	£321,492	14% below HPI
2016 20 OCT	£203,000	£297,330	32% below HPI
2002 1 MAR	£120,000	£147,218	18% below HPI

5 GROVE GARDENS 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 5 GROVE GARDENS sales between March 2002 and May 2023 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 July 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 GROVE GARDENS be worth now?

5 GROVE GARDENS might now be worth an estimated £367,960.

This is based on house price inflation of 6.7%, between May 2023 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 6.7% inflationary increase is applied to the most recent sale price for 5 GROVE GARDENS of £345,000 on 2nd May 2023. For the value to have increased from £345,000 to £367,960 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 5 GROVE GARDENS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2023 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GROVE GARDENS has not materially changed since May 2023.

How Large is 5 GROVE GARDENS?

5 GROVE GARDENS is 100m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% 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 5 GROVE GARDENS lies on this distribution: 35% of detached houses houses are smaller than 5 GROVE GARDENS, and 65% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

5 GROVE GARDENS: Plot and Title Map

5 GROVE GARDENS sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 5 GROVE GARDENS, 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 5 GROVE GARDENS). 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 5 GROVE GARDENS?

5 GROVE GARDENS is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 5 on GROVE GARDENS.