3, COTTAGE DRIVE, SHIFNAL, TF11 9HB - £232,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 COTTAGE DRIVE is a small detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £370,189. It was last sold for £232,000 in April 2010, which was around 11% below the average April 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

3 COTTAGE DRIVE Sold Prices

Land registry data shows three sales for 3 COTTAGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Two of the three 3 COTTAGE DRIVE sales were for below the average price, whilst one was 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
2010 23 APR	£232,000	£260,485	11% below HPI
2006 18 MAY	£243,000	£255,241	5% below HPI
1995 3 NOV	£95,950	£84,693	13% above HPI

3 COTTAGE 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 three 3 COTTAGE DRIVE sales between November 1995 and April 2010 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 May 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2010 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 COTTAGE DRIVE be worth now?

3 COTTAGE DRIVE might now be worth an estimated £370,189.

This is based on house price inflation of 59.6%, between April 2010 and December 2024, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.6% inflationary increase is applied to the most recent sale price for 3 COTTAGE DRIVE of £232,000 on 23rd April 2010. For the value to have increased from £232,000 to £370,189 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 3 COTTAGE DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2010 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COTTAGE DRIVE has not materially changed since April 2010.

How Large is 3 COTTAGE DRIVE?

3 COTTAGE DRIVE is 102m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shifnal, and where 3 COTTAGE DRIVE lies on this distribution: 24% of detached houses houses are smaller than 3 COTTAGE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

3 COTTAGE DRIVE: Plot and Title Map

3 COTTAGE DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 3 COTTAGE 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 3 COTTAGE 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 3 COTTAGE DRIVE?

3 COTTAGE DRIVE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 3 on COTTAGE DRIVE.