4, WESTWOOD DRIVE, SHREWSBURY, SY3 8YB - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 WESTWOOD DRIVE is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £420,000 in July 2023, which was around 8% above the average July 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

4 WESTWOOD DRIVE Sold Prices

Land registry data shows two sales for 4 WESTWOOD 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 WESTWOOD 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
2023 7 JUL	£420,000	£388,653	8% above HPI
1998 29 MAY	£110,000	£94,488	16% above HPI

4 WESTWOOD 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 WESTWOOD DRIVE sales from May 1998 and July 2023 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 May 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 WESTWOOD DRIVE?

4 WESTWOOD DRIVE is 132m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 WESTWOOD DRIVE lies on this distribution: 69% of detached houses are smaller than 4 WESTWOOD DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 WESTWOOD DRIVE: Plot and Title Map

4 WESTWOOD DRIVE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 4 WESTWOOD 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 WESTWOOD 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 WESTWOOD DRIVE?

4 WESTWOOD DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 4 on WESTWOOD DRIVE.