4, LOVERIDGE DRIVE, BASCHURCH, SHREWSBURY, SY4 2DJ - £307,000

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.

4 LOVERIDGE DRIVE is a midsized detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £449,085. It was last sold for £307,000 in November 2015, which was around 8% above the average November 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

4 LOVERIDGE DRIVE Sold Prices

Land registry data shows two sales for 4 LOVERIDGE 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 4 LOVERIDGE 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
2015 6 NOV	£307,000	£285,261	8% above HPI
2006 31 MAR	£275,000	£250,412	10% above HPI

4 LOVERIDGE 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 4 LOVERIDGE DRIVE sales from March 2006 and November 2015 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 March 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 LOVERIDGE DRIVE be worth now?

4 LOVERIDGE DRIVE might now be worth an estimated £449,085.

This is based on house price inflation of 46.3%, between November 2015 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 46.3% inflationary increase is applied to the most recent sale price for 4 LOVERIDGE DRIVE of £307,000 on 6th November 2015. For the value to have increased from £307,000 to £449,085 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LOVERIDGE DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2015 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LOVERIDGE DRIVE has not materially changed since November 2015.

How Large is 4 LOVERIDGE DRIVE?

4 LOVERIDGE DRIVE is 121m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses houses in Baschurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Baschurch, and where 4 LOVERIDGE DRIVE lies on this distribution: 47% of detached houses houses are smaller than 4 LOVERIDGE DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Baschurch.

4 LOVERIDGE DRIVE: Plot and Title Map

4 LOVERIDGE DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 LOVERIDGE 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 LOVERIDGE 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 LOVERIDGE DRIVE?

4 LOVERIDGE DRIVE is located in BASCHURCH, in the SY4 postcode district. The below map shows the position of No. 4 on LOVERIDGE DRIVE.