2, COTTAGE DRIVE, SHIFNAL, TF11 9HB - £450,000

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

2 COTTAGE DRIVE is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £450,000 in February 2024, which was around 18% above the average February 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

2 COTTAGE DRIVE Sold Prices

Land registry data shows three sales for 2 COTTAGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 2 COTTAGE 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
2024 2 FEB	£450,000	£382,130	18% above HPI
2005 31 AUG	£249,950	£240,393	4% above HPI
1996 29 MAY	£103,000	£81,974	26% above HPI

2 COTTAGE 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 three 2 COTTAGE DRIVE sales between May 1996 and February 2024 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 August 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 COTTAGE DRIVE?

2 COTTAGE DRIVE is 117m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 2 COTTAGE DRIVE lies on this distribution: 44% of detached houses are smaller than 2 COTTAGE DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

2 COTTAGE DRIVE: Plot and Title Map

2 COTTAGE DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 2 COTTAGE 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 COTTAGE 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 COTTAGE DRIVE?

2 COTTAGE DRIVE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 2 on COTTAGE DRIVE.