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
40 BORASTON DRIVE is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £350,000 in September 2023, which was around 11% below the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 40 BORASTON DRIVE since 1st 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 40 BORASTON 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 |
---|---|---|---|
2023 20 SEP | £350,000 | £392,797 | 11% below HPI |
2012 15 JUN | £206,000 | £241,831 | 15% below HPI |
2003 25 FEB | £159,000 | £182,992 | 13% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 40 BORASTON DRIVE sales between February 2003 and September 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 June 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
40 BORASTON DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where 40 BORASTON DRIVE lies on this distribution: 30% of detached houses are smaller than 40 BORASTON DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.
40 BORASTON DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 40 BORASTON 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 40 BORASTON 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.
40 BORASTON DRIVE is located in BURFORD, in the WR15 postcode district. The below map shows the position of No. 40 on BORASTON DRIVE.