7A, CORBET DRIVE, ADDERLEY, MARKET DRAYTON, TF9 3LW - £245,000

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.

7A CORBET DRIVE is a very small detached house of 92m², built in 2016, which could now be worth an estimated £328,615. It was last sold for £245,000 in June 2020, which was around 22% below the average June 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

7A CORBET DRIVE Sold Prices

Land registry data shows two sales for 7A CORBET DRIVE 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 7A CORBET 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
2020 18 JUN	£245,000	£314,868	22% below HPI
2010 23 JUL	£190,000	£266,991	29% below HPI

7A CORBET DRIVE 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 7A CORBET DRIVE sales from July 2010 and June 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 July 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7A CORBET DRIVE be worth now?

7A CORBET DRIVE might now be worth an estimated £328,615.

This is based on house price inflation of 34.1%, between June 2020 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 34.1% inflationary increase is applied to the most recent sale price for 7A CORBET DRIVE of £245,000 on 18th June 2020. For the value to have increased from £245,000 to £328,615 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 7A CORBET DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 7A CORBET DRIVE has not materially changed since June 2020.

How Large is 7A CORBET DRIVE?

7A CORBET DRIVE is 92m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses houses in Adderley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Adderley, and where 7A CORBET DRIVE lies on this distribution: 5% of detached houses houses are smaller than 7A CORBET DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Adderley.

7A CORBET DRIVE: Plot and Title Map

7A CORBET DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7A CORBET 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 7A CORBET 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 7A CORBET DRIVE?

7A CORBET DRIVE is located in ADDERLEY, in the TF9 postcode district. The below map shows the position of No. 7A on CORBET DRIVE.