3, SPRUCE DRIVE, SPRING GARDENS, SHREWSBURY, SY1 2UX - £335,000

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

3 SPRUCE DRIVE is a midsized extended detached house of 116m², built sometime from 2012 onwards. It was last sold for £335,000 in May 2024, which was around 15% below the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

3 SPRUCE DRIVE Sold Prices

Land registry data shows two sales for 3 SPRUCE 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 3 SPRUCE 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
2024 31 MAY	£335,000	£393,229	15% below HPI
2014 21 FEB	£245,000	£252,135	3% below HPI

3 SPRUCE 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 3 SPRUCE DRIVE sales from February 2014 and May 2024 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 February 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 SPRUCE DRIVE?

3 SPRUCE DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 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 3 SPRUCE DRIVE lies on this distribution: 51% of detached houses are smaller than 3 SPRUCE DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 SPRUCE DRIVE: Plot and Title Map

3 SPRUCE DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 SPRUCE 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 SPRUCE 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 SPRUCE DRIVE?

3 SPRUCE DRIVE is located in SPRING GARDENS, in the SY1 postcode district. The below map shows the position of No. 3 on SPRUCE DRIVE.