4, MCGREDY DRIVE, SHREWSBURY, SY2 5NF - £180,000

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 MCGREDY DRIVE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £180,000 in October 2014, which was around 33% below the average October 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

4 MCGREDY DRIVE Sold Prices

Land registry data shows three sales for 4 MCGREDY 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 MCGREDY 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
2014 1 OCT	£180,000	£267,654	33% below HPI
2006 13 APR	£179,500	£243,580	26% below HPI
1996 20 SEP	£66,000	£85,447	23% below HPI

4 MCGREDY 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 MCGREDY DRIVE sales between September 1996 and October 2014 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 4 MCGREDY DRIVE?

4 MCGREDY DRIVE is 77m² according to the EPC inspection conducted in July 2014. 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 MCGREDY DRIVE lies on this distribution: 8% of detached houses are smaller than 4 MCGREDY DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 MCGREDY DRIVE: Plot and Title Map

4 MCGREDY DRIVE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 4 MCGREDY 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 MCGREDY 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 MCGREDY DRIVE?

4 MCGREDY DRIVE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 4 on MCGREDY DRIVE.