ARUM, WOOD LANE, HINSTOCK, MARKET DRAYTON, TF9 2TA - £340,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

ARUM is a small detached house of 121m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2017, which was around 16% above the average August 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

ARUM Sold Prices

Land registry data shows two sales for ARUM 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 ARUM sales were for above 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
2017 14 AUG	£340,000	£293,348	16% above HPI
1998 18 JUN	£138,000	£96,250	43% above HPI

ARUM 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 ARUM sales from June 1998 and August 2017 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 June 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is ARUM?

ARUM is 121m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Hinstock, based on EPC data. The below chart shows the distribution of detached houses by size in Hinstock, and where ARUM lies on this distribution: 26% of detached houses are smaller than ARUM, and 74% of houses are larger. Note that EPC data is not available for all properties in Hinstock.

ARUM: Plot and Title Map

ARUM sits on a plot of roughly 0.436 of an acre, or 1,762m². The below map shows the location of ARUM, 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 ARUM). 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 ARUM?

ARUM is located on WOOD LANE in HINSTOCK, in the TF9 postcode district. The below map shows the position of ARUM on WOOD LANE.