Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 COTTAGE DRIVE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £350,950 in September 2021, which was around 2% above the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 COTTAGE DRIVE since 1st 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. All of the three 4 COTTAGE 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 10 SEP | £350,950 | £344,438 | 2% above HPI |
2006 22 SEP | £270,000 | £263,056 | 3% above HPI |
1995 24 NOV | £109,950 | £82,392 | 33% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 4 COTTAGE DRIVE sales between November 1995 and September 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 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
4 COTTAGE DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 4 COTTAGE DRIVE lies on this distribution: 44% of detached houses are smaller than 4 COTTAGE DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Shifnal.
4 COTTAGE DRIVE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 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 4 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.
4 COTTAGE DRIVE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 4 on COTTAGE DRIVE.