39, RICHMOND DRIVE, SHREWSBURY, SY3 8TR - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 RICHMOND DRIVE is a very small detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £318,495. It was last sold for £235,000 in June 2018, which was around 24% below the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

39 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 39 RICHMOND 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 39 RICHMOND 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
2018 19 JUN	£235,000	£307,892	24% below HPI
2006 18 MAY	£200,000	£255,241	22% below HPI

39 RICHMOND 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 39 RICHMOND DRIVE sales from May 2006 and June 2018 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 39 RICHMOND DRIVE be worth now?

39 RICHMOND DRIVE might now be worth an estimated £318,495.

This is based on house price inflation of 35.5%, between June 2018 and February 2025, 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 35.5% inflationary increase is applied to the most recent sale price for 39 RICHMOND DRIVE of £235,000 on 19th June 2018. For the value to have increased from £235,000 to £318,495 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 39 RICHMOND DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 39 RICHMOND DRIVE has not materially changed since June 2018.

How Large is 39 RICHMOND DRIVE?

39 RICHMOND DRIVE is 58m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 39 RICHMOND DRIVE lies on this distribution: 2% of detached houses houses are smaller than 39 RICHMOND DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

39 RICHMOND DRIVE: Plot and Title Map

39 RICHMOND DRIVE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 39 RICHMOND 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 39 RICHMOND 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 39 RICHMOND DRIVE?

39 RICHMOND DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 39 on RICHMOND DRIVE.