4, PEACE DRIVE, SHREWSBURY, SY2 5NQ - £258,000

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 PEACE DRIVE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £258,000 in January 2020, which was around 17% below the average January 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

4 PEACE DRIVE Sold Prices

Land registry data shows two sales for 4 PEACE 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 PEACE 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
2020 24 JAN	£258,000	£311,443	17% below HPI
2015 9 JAN	£219,000	£264,863	17% below HPI

4 PEACE 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 PEACE DRIVE sales from January 2015 and January 2020 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 January 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2020 sale, which was also at 17% below the HPI.

How Large is 4 PEACE DRIVE?

4 PEACE DRIVE is 63m² according to the EPC inspection conducted in November 2016. 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 PEACE DRIVE lies on this distribution: 3% of detached houses are smaller than 4 PEACE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 PEACE DRIVE: Plot and Title Map

4 PEACE DRIVE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 4 PEACE 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 PEACE 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 PEACE DRIVE?

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