1, BANK DRIVE WEST, SHREWSBURY, SY3 9DJ - £650,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BANK DRIVE WEST is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £650,000 in September 2022, which was around 67% above the average September 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.

1 BANK DRIVE WEST Sold Prices

Land registry data shows two sales for 1 BANK DRIVE WEST 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 1 BANK DRIVE WEST 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
2022 30 SEP	£650,000	£389,450	67% above HPI
2014 14 OCT	£387,000	£267,654	45% above HPI

1 BANK DRIVE WEST 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 1 BANK DRIVE WEST sales from October 2014 and September 2022 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 October 2014 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 1 BANK DRIVE WEST?

1 BANK DRIVE WEST is 120m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 1 BANK DRIVE WEST lies on this distribution: 56% of detached houses are smaller than 1 BANK DRIVE WEST, and 43% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

1 BANK DRIVE WEST: Plot and Title Map

1 BANK DRIVE WEST sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 1 BANK DRIVE WEST, 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 1 BANK DRIVE WEST). 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 1 BANK DRIVE WEST?

1 BANK DRIVE WEST is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 1 on BANK DRIVE WEST.