6, THE BRIDLEWAY, MARKET DRAYTON, TF9 3UD - £280,000

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.

6 THE BRIDLEWAY is a midsized detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £370,648. It was last sold for £280,000 in May 2020, which was around 11% below the average May 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

6 THE BRIDLEWAY Sold Prices

Land registry data shows two sales for 6 THE BRIDLEWAY 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 6 THE BRIDLEWAY 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
2020 14 MAY	£280,000	£315,231	11% below HPI
2013 22 FEB	£180,000	£253,760	29% below HPI

6 THE BRIDLEWAY 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 6 THE BRIDLEWAY sales from February 2013 and May 2020 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 THE BRIDLEWAY be worth now?

6 THE BRIDLEWAY might now be worth an estimated £370,648.

This is based on house price inflation of 32.4%, between May 2020 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 32.4% inflationary increase is applied to the most recent sale price for 6 THE BRIDLEWAY of £280,000 on 14th May 2020. For the value to have increased from £280,000 to £370,648 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 6 THE BRIDLEWAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE BRIDLEWAY has not materially changed since May 2020.

How Large is 6 THE BRIDLEWAY?

6 THE BRIDLEWAY is 120m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% 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 6 THE BRIDLEWAY lies on this distribution: 54% of detached houses houses are smaller than 6 THE BRIDLEWAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

6 THE BRIDLEWAY: Plot and Title Map

6 THE BRIDLEWAY sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 6 THE BRIDLEWAY, 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 6 THE BRIDLEWAY). 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 6 THE BRIDLEWAY?

6 THE BRIDLEWAY is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 6 on THE BRIDLEWAY.