11, PEACE DRIVE, SHREWSBURY, SY2 5NQ - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 PEACE DRIVE is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £345,000 in April 2012, which was around 43% above the average April 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

11 PEACE DRIVE Sold Prices

Land registry data shows four sales for 11 PEACE 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 11 PEACE 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
2012 12 APR	£345,000	£241,180	43% above HPI
2010 21 MAY	£345,000	£255,730	35% above HPI
2000 24 MAR	£185,000	£108,971	70% above HPI
1996 7 JUN	£152,000	£82,169	85% above HPI

11 PEACE 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 11 PEACE DRIVE sales between June 1996 and April 2012 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 May 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2012 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 11 PEACE DRIVE?

11 PEACE DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 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 11 PEACE DRIVE lies on this distribution: 47% of detached houses are smaller than 11 PEACE DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

11 PEACE DRIVE: Plot and Title Map

11 PEACE DRIVE sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of 11 PEACE 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 11 PEACE 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 11 PEACE DRIVE?

11 PEACE DRIVE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 11 on PEACE DRIVE.