5, FAIRBURN DRIVE, SHREWSBURY, SY3 6DQ - £255,000

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

5 FAIRBURN DRIVE is a small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £255,000 in October 2017, which was around 14% below the average October 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

5 FAIRBURN DRIVE Sold Prices

Land registry data shows five sales for 5 FAIRBURN 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 5 FAIRBURN 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
2017 20 OCT	£255,000	£296,180	14% below HPI
2017 21 SEP	£260,000	£295,256	12% below HPI
2014 17 JUN	£190,000	£258,283	26% below HPI
2010 2 JUL	£182,500	£259,736	30% below HPI
1997 13 JUN	£75,000	£89,649	16% below HPI

5 FAIRBURN 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 5 FAIRBURN DRIVE sales between June 1997 and October 2017 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 FAIRBURN DRIVE?

5 FAIRBURN DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 5 FAIRBURN DRIVE lies on this distribution: 34% of detached houses are smaller than 5 FAIRBURN DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 FAIRBURN DRIVE: Plot and Title Map

5 FAIRBURN DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 FAIRBURN 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 5 FAIRBURN 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 5 FAIRBURN DRIVE?

5 FAIRBURN DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 5 on FAIRBURN DRIVE.