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
7 CORNER FARM DRIVE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £232,000 in January 2013, which was around 7% below the average January 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 7 CORNER FARM 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. Two of the three 7 CORNER FARM DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2013 15 JAN | £232,000 | £248,692 | 7% below HPI |
2003 22 AUG | £180,000 | £197,869 | 9% below HPI |
2001 9 MAR | £135,000 | £125,238 | 8% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 7 CORNER FARM DRIVE sales between March 2001 and January 2013 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 August 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
7 CORNER FARM DRIVE is 82m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 7 CORNER FARM DRIVE lies on this distribution: 12% of detached houses are smaller than 7 CORNER FARM DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
7 CORNER FARM DRIVE sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 7 CORNER FARM 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 7 CORNER FARM 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.
7 CORNER FARM DRIVE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 7 on CORNER FARM DRIVE.