1, WEALD DRIVE, SHREWSBURY, SY2 5PT - £220,000

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 WEALD DRIVE is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £220,000 in September 2022, which was around 44% below the average September 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

1 WEALD DRIVE Sold Prices

Land registry data shows four sales for 1 WEALD DRIVE since 1^st 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 WEALD 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
2022 2 SEP	£220,000	£389,450	44% below HPI
2000 20 APR	£37,950	£110,645	66% below HPI
1997 6 JAN	£32,500	£86,278	62% below HPI
1995 18 AUG	£32,500	£82,618	61% below HPI

1 WEALD 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 four 1 WEALD DRIVE sales between August 1995 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 April 2000 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the September 2022 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 1 WEALD DRIVE?

1 WEALD DRIVE is 62m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% 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 WEALD DRIVE lies on this distribution: 3% of detached houses are smaller than 1 WEALD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

1 WEALD DRIVE: Plot and Title Map

1 WEALD DRIVE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 1 WEALD 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 WEALD 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 1 WEALD DRIVE?

1 WEALD DRIVE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 1 on WEALD DRIVE.