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 TALCOTT DRIVE is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £139,000 in April 2022, which was around 62% below the average April 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 TALCOTT 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 2 TALCOTT 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 14 APR | £139,000 | £364,023 | 62% below HPI |
2017 10 APR | £104,000 | £291,427 | 64% below HPI |
2006 26 MAY | £98,000 | £248,305 | 61% below HPI |
1998 10 AUG | £35,000 | £99,152 | 65% 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 2 TALCOTT DRIVE sales between August 1998 and April 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 2017 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the April 2022 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.
2 TALCOTT DRIVE is 49m² 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 2 TALCOTT DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 2 TALCOTT DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
2 TALCOTT DRIVE sits on a plot of roughly 0.624 of an acre, or 2,526m². The below map shows the location of 2 TALCOTT 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 TALCOTT 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.
2 TALCOTT DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on TALCOTT DRIVE.