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
23 HALLAM DRIVE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £320,000 in February 2023, which was around 19% below the average February 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows seven sales for 23 HALLAM DRIVE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the seven 23 HALLAM 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 |
---|---|---|---|
2023 28 FEB | £320,000 | £394,297 | 19% below HPI |
2020 25 SEP | £267,500 | £325,117 | 18% below HPI |
2018 23 NOV | £252,000 | £308,838 | 18% below HPI |
2017 5 MAY | £241,500 | £291,056 | 17% below HPI |
2006 17 OCT | £200,500 | £263,440 | 24% below HPI |
2004 30 APR | £179,995 | £215,212 | 16% below HPI |
2001 31 AUG | £110,000 | £137,742 | 20% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The seven 23 HALLAM DRIVE sales between August 2001 and February 2023 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 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
23 HALLAM DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2016. 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 23 HALLAM DRIVE lies on this distribution: 47% of detached houses are smaller than 23 HALLAM DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
23 HALLAM DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 23 HALLAM 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 23 HALLAM 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.
23 HALLAM DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 23 on HALLAM DRIVE.