28, DERWENT AVENUE, SHREWSBURY, SY1 3RQ - £58,000

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

28 DERWENT AVENUE is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £58,000 in May 1998, which was around 39% below the average May 1998 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

28 DERWENT AVENUE Sold Prices

Land registry data shows two sales for 28 DERWENT AVENUE 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 28 DERWENT AVENUE 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
1998 19 MAY	£58,000	£94,488	39% below HPI
1995 7 JUL	£50,000	£83,072	40% below HPI

28 DERWENT AVENUE 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 28 DERWENT AVENUE sales from July 1995 and May 1998 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 July 1995 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 1998 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 28 DERWENT AVENUE?

28 DERWENT AVENUE is 88m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 28 DERWENT AVENUE lies on this distribution: 18% of detached houses are smaller than 28 DERWENT AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

28 DERWENT AVENUE: Plot and Title Map

28 DERWENT AVENUE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 28 DERWENT AVENUE, 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 28 DERWENT AVENUE). 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 28 DERWENT AVENUE?

28 DERWENT AVENUE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 28 on DERWENT AVENUE.