3, HERMITAGE DRIVE, SHREWSBURY, SY2 5NZ - £567,000

3 HERMITAGE DRIVE is a very large detached house of 165m², built sometime between 1967 and 1975. It was last sold for £567,000 in March 2023, which was around 47% above the average March 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

3 HERMITAGE DRIVE Sold Prices

Land registry data shows three sales for 3 HERMITAGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 3 HERMITAGE DRIVE 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
2023 14 MAR	£567,000	£387,020	47% above HPI
2021 23 JUN	£525,000	£341,731	54% above HPI
2018 25 MAY	£460,000	£296,692	55% above HPI

3 HERMITAGE 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 three 3 HERMITAGE DRIVE sales between May 2018 and March 2023 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 2021 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2023 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 3 HERMITAGE DRIVE?

3 HERMITAGE DRIVE is 165m² according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 3 HERMITAGE DRIVE lies on this distribution: 87% of detached houses are smaller than 3 HERMITAGE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 HERMITAGE DRIVE: Plot and Title Map

3 HERMITAGE DRIVE sits on a plot of roughly 0.427 of an acre, or 1,726m². The below map shows the location of 3 HERMITAGE 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 3 HERMITAGE 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 3 HERMITAGE DRIVE?

3 HERMITAGE DRIVE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 3 on HERMITAGE DRIVE.