2, WOODBANK DRIVE, SHREWSBURY, SY3 8RW - £475,000

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 WOODBANK DRIVE is a very large detached house of 168m², built sometime between 1967 and 1975. It was last sold for £475,000 in January 2020, which was around 53% above the average January 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

2 WOODBANK DRIVE Sold Prices

Land registry data shows two sales for 2 WOODBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 2 WOODBANK 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
2020 10 JAN	£475,000	£311,443	53% above HPI
2008 16 SEP	£375,000	£256,811	46% above HPI

2 WOODBANK 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 two 2 WOODBANK DRIVE sales from September 2008 and January 2020 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 September 2008 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 2 WOODBANK DRIVE?

2 WOODBANK DRIVE is 168m² according to the EPC inspection conducted in August 2018. This puts it in the largest 20% 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 WOODBANK DRIVE lies on this distribution: 88% of detached houses are smaller than 2 WOODBANK DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 WOODBANK DRIVE: Plot and Title Map

2 WOODBANK DRIVE sits on a plot of roughly 0.318 of an acre, or 1,286m². The below map shows the location of 2 WOODBANK 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 WOODBANK 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 WOODBANK DRIVE?

2 WOODBANK DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on WOODBANK DRIVE.