24, CHELWOOD DRIVE, SHREWSBURY, SY1 3YZ - £425,000

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

24 CHELWOOD DRIVE is a very large extended detached house of 208m², built sometime between 1991 and 1995. It was last sold for £425,000 in May 2021, which was around 27% above the average May 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

24 CHELWOOD DRIVE Sold Prices

Land registry data shows two sales for 24 CHELWOOD 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 24 CHELWOOD 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
2021 17 MAY	£425,000	£334,214	27% above HPI
1995 29 SEP	£110,000	£82,567	33% above HPI

24 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 two 24 CHELWOOD DRIVE sales from September 1995 and May 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 September 1995 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 24 CHELWOOD DRIVE?

24 CHELWOOD DRIVE is 208m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 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 24 CHELWOOD DRIVE lies on this distribution: 95% of detached houses are smaller than 24 CHELWOOD DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

24 CHELWOOD DRIVE: Plot and Title Map

24 CHELWOOD DRIVE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 24 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 24 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 24 CHELWOOD DRIVE?

24 CHELWOOD DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 24 on CHELWOOD DRIVE.