41, CHELWOOD DRIVE, SHREWSBURY, SY1 3YZ - £380,000

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.

41 CHELWOOD DRIVE is a midsized detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £392,188. It was last sold for £380,000 in October 2022, which was around 6% below the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

41 CHELWOOD DRIVE Sold Prices

Land registry data shows five sales for 41 CHELWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 41 CHELWOOD 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
2022 7 OCT	£380,000	£404,317	6% below HPI
2017 20 APR	£262,000	£299,568	13% below HPI
2010 30 SEP	£221,000	£270,787	18% below HPI
1999 1 JUN	£80,000	£104,891	24% below HPI
1995 10 MAR	£70,000	£84,245	17% below HPI

41 CHELWOOD 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 five 41 CHELWOOD DRIVE sales between March 1995 and October 2022 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 41 CHELWOOD DRIVE be worth now?

41 CHELWOOD DRIVE might now be worth an estimated £392,188.

This is based on house price inflation of 3.2%, between October 2022 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 3.2% inflationary increase is applied to the most recent sale price for 41 CHELWOOD DRIVE of £380,000 on 7th October 2022. For the value to have increased from £380,000 to £392,188 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 41 CHELWOOD DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CHELWOOD DRIVE has not materially changed since October 2022.

How Large is 41 CHELWOOD DRIVE?

41 CHELWOOD DRIVE is 118m² according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 41 CHELWOOD DRIVE lies on this distribution: 53% of detached houses houses are smaller than 41 CHELWOOD DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

41 CHELWOOD DRIVE: Plot and Title Map

41 CHELWOOD DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 41 CHELWOOD 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 41 CHELWOOD 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 41 CHELWOOD DRIVE?

41 CHELWOOD DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 41 on CHELWOOD DRIVE.