47, RICHMOND DRIVE, SHREWSBURY, SY3 8TR - £250,000

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.

47 RICHMOND DRIVE is a midsized semi-detached house of 114m², which could now be worth an estimated £397,847. It was last sold for £250,000 in October 2010, which was around 53% above the average October 2010 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was B, and the potential energy rating was B.

47 RICHMOND DRIVE Sold Prices

Land registry data shows four sales for 47 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. All of the four 47 RICHMOND 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
2010 29 OCT	£250,000	£163,783	53% above HPI
2009 11 SEP	£199,000	£155,084	28% above HPI
2008 16 MAY	£180,000	£171,224	5% above HPI
1997 9 JUN	£65,000	£54,357	20% above HPI

47 RICHMOND DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 47 RICHMOND DRIVE sales between June 1997 and October 2010 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 September 2009 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2010 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 47 RICHMOND DRIVE be worth now?

47 RICHMOND DRIVE might now be worth an estimated £397,847.

This is based on house price inflation of 59.1%, between October 2010 and February 2025, for semi-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 59.1% inflationary increase is applied to the most recent sale price for 47 RICHMOND DRIVE of £250,000 on 29th October 2010. For the value to have increased from £250,000 to £397,847 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 47 RICHMOND DRIVE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The October 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 47 RICHMOND DRIVE has not materially changed since October 2010.

How Large is 47 RICHMOND DRIVE?

47 RICHMOND DRIVE is 114m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of semi-detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shrewsbury, and where 47 RICHMOND DRIVE lies on this distribution: 49% of semi-detached houses houses are smaller than 47 RICHMOND DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

47 RICHMOND DRIVE: Plot and Title Map

47 RICHMOND DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 47 RICHMOND 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 47 RICHMOND 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 47 RICHMOND DRIVE?

47 RICHMOND DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 47 on RICHMOND DRIVE.