8, DRAYTON GROVE, MARKET DRAYTON, TF9 3AD - £247,000

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.

8 DRAYTON GROVE is a midsized extended detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £293,414. It was last sold for £247,000 in June 2021, which was around 30% below the average June 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 DRAYTON GROVE Sold Prices

Land registry data shows two sales for 8 DRAYTON GROVE 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 8 DRAYTON GROVE 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 15 JUN	£247,000	£351,276	30% below HPI
2015 20 NOV	£210,000	£285,261	26% below HPI

8 DRAYTON GROVE 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 8 DRAYTON GROVE sales from November 2015 and June 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 November 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 DRAYTON GROVE be worth now?

8 DRAYTON GROVE might now be worth an estimated £293,414.

This is based on house price inflation of 18.8%, between June 2021 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 18.8% inflationary increase is applied to the most recent sale price for 8 DRAYTON GROVE of £247,000 on 15th June 2021. For the value to have increased from £247,000 to £293,414 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 DRAYTON GROVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2021 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DRAYTON GROVE has not materially changed since June 2021.

How Large is 8 DRAYTON GROVE?

8 DRAYTON GROVE is 117m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 8 DRAYTON GROVE lies on this distribution: 52% of detached houses houses are smaller than 8 DRAYTON GROVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Market Drayton.

8 DRAYTON GROVE: Plot and Title Map

8 DRAYTON GROVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 8 DRAYTON GROVE, 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 8 DRAYTON GROVE). 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 8 DRAYTON GROVE?

8 DRAYTON GROVE is located in MARKET DRAYTON, in the TF9 postcode district. The below map shows the position of No. 8 on DRAYTON GROVE.