4, LANGTREE DRIVE, SHREWSBURY, SY1 3SA - £275,000

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 LANGTREE DRIVE is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2024, which was around 32% below the average August 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

4 LANGTREE DRIVE Sold Prices

Land registry data shows three sales for 4 LANGTREE 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. All of the three 4 LANGTREE 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 22 AUG	£275,000	£404,386	32% below HPI
2004 1 APR	£152,000	£215,212	29% below HPI
2003 4 APR	£106,000	£186,930	43% below HPI

4 LANGTREE 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 4 LANGTREE DRIVE sales between April 2003 and August 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 April 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 LANGTREE DRIVE?

4 LANGTREE DRIVE is 79m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 4 LANGTREE DRIVE lies on this distribution: 10% of detached houses are smaller than 4 LANGTREE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 LANGTREE DRIVE: Plot and Title Map

4 LANGTREE DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 4 LANGTREE 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 LANGTREE 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 4 LANGTREE DRIVE?

4 LANGTREE DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 4 on LANGTREE DRIVE.