Merlebank Sovereign Lane

    MERLEBANK, SOVEREIGN LANE, ASHLEY, MARKET DRAYTON, TF9 4LS

    This detached freehold property on Sovereign Lane last sold in September 2019 for £425,000. Based on price growth in the TF9 district since then, its estimated current value is £547,818 — placing it in the 83rd percentile nationally and the 89th percentile within TF9. The property covers 191 m² (2,056 sq ft), giving an estimated value of £2,868 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,056 sq ft

    191 m²

    Last Sale Price

    £425,000

    Sept 2019

    Estimated Valuation

    £547,818

    Est. £/sq ft

    £266/sq ft

    £2,868/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area2,056 sq ft (191 m²)
    EPC dateFeb 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    25 Sept 2019

    £425,000

    9 Mar 2015

    £327,500

    15 Nov 2007

    £350,000

    14 Nov 2003

    £280,000

    8 Dec 1997

    £110,000

    Key Metrics

    Estimated valuation£547,818
    Value per sq ft / m²£266/sq ft (£2,868/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF9 district percentile89th percentile
    National percentile83rd percentile

    District Context — TF9

    TF9 covers the southern part of Shropshire, centred on the market town of Ludlow and surrounding rural communities. It is a characterful area blending historic market-town appeal with countryside living, popular with both families and retirees.

    Average Property Price - TF9

    £322,175

    49

    National percentile

    Average Net Household Income - TF9

    £37,267

    45

    National percentile

    10-Year Annualised Price Growth - TF9

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    View full analysis for TF9

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