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 JUBILEE DRIVE is a very small extended detached house of 66m², built sometime between 1976 and 1982. It was last sold for £172,000 in June 2011, which was around 32% below the average June 2011 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 1 JUBILEE DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 1 JUBILEE DRIVE 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 |
---|---|---|---|
2011 10 JUN | £172,000 | £252,508 | 32% below HPI |
2007 30 MAR | £172,000 | £256,687 | 33% below HPI |
2002 5 JUL | £118,950 | £160,697 | 26% below HPI |
2001 13 DEC | £70,100 | £142,387 | 51% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 1 JUBILEE DRIVE sales between December 2001 and June 2011 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 March 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2011 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
1 JUBILEE DRIVE is 66m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Highley, based on EPC data. The below chart shows the distribution of detached houses by size in Highley, and where 1 JUBILEE DRIVE lies on this distribution: 8% of detached houses are smaller than 1 JUBILEE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Highley.
1 JUBILEE DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 1 JUBILEE 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 1 JUBILEE 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.
1 JUBILEE DRIVE is located in HIGHLEY, in the WV16 postcode district. The below map shows the position of No. 1 on JUBILEE DRIVE.