7, WOODBANK DRIVE, SHREWSBURY, SY3 8RW - £755,000

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.

7 WOODBANK DRIVE is a very large extended detached house of 193m², built sometime between 1950 and 1966, which could now be worth an estimated £777,911. It was last sold for £755,000 in November 2023, which was around 86% above the average November 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

7 WOODBANK DRIVE Sold Prices

Land registry data shows two sales for 7 WOODBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 7 WOODBANK 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
2023 30 NOV	£755,000	£404,995	86% above HPI
1999 22 JAN	£211,000	£102,813	105% above HPI

7 WOODBANK 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 two 7 WOODBANK DRIVE sales from January 1999 and November 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 January 1999 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the November 2023 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 7 WOODBANK DRIVE be worth now?

7 WOODBANK DRIVE might now be worth an estimated £777,911.

This is based on house price inflation of 3%, between November 2023 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% inflationary increase is applied to the most recent sale price for 7 WOODBANK DRIVE of £755,000 on 30th November 2023. For the value to have increased from £755,000 to £777,911 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 WOODBANK DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2023 sale price of £755,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WOODBANK DRIVE has not materially changed since November 2023.

How Large is 7 WOODBANK DRIVE?

7 WOODBANK DRIVE is 193m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% 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 7 WOODBANK DRIVE lies on this distribution: 93% of detached houses houses are smaller than 7 WOODBANK DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

7 WOODBANK DRIVE: Plot and Title Map

7 WOODBANK DRIVE sits on a plot of roughly 0.383 of an acre, or 1,548m². The below map shows the location of 7 WOODBANK 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 WOODBANK 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 7 WOODBANK DRIVE?

7 WOODBANK DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 7 on WOODBANK DRIVE.