2, CHELWOOD DRIVE, SHREWSBURY, SY1 3YZ - £306,000

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

2 CHELWOOD DRIVE is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £306,000 in June 2021, which was around 10% below the average June 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

2 CHELWOOD DRIVE Sold Prices

Land registry data shows four sales for 2 CHELWOOD 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. Most of the four 2 CHELWOOD 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
2021 30 JUN	£306,000	£341,731	10% below HPI
2009 31 JUL	£200,000	£238,343	16% below HPI
2005 1 AUG	£242,000	£240,393	1% above HPI
1996 31 JAN	£79,950	£81,151	1% below HPI

2 CHELWOOD 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 2 CHELWOOD DRIVE sales between January 1996 and June 2021 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 July 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 CHELWOOD DRIVE?

2 CHELWOOD DRIVE is 128m² according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 2 CHELWOOD DRIVE lies on this distribution: 66% of detached houses are smaller than 2 CHELWOOD DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 CHELWOOD DRIVE: Plot and Title Map

2 CHELWOOD DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 CHELWOOD 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 2 CHELWOOD 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 2 CHELWOOD DRIVE?

2 CHELWOOD DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 2 on CHELWOOD DRIVE.