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

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

7 WOODBANK DRIVE is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £755,000 in November 2023, which was around 92% 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	£394,189	92% above HPI
1999 22 JAN	£211,000	£100,020	111% 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 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the November 2023 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

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 in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 7 WOODBANK DRIVE lies on this distribution: 93% of detached houses are smaller than 7 WOODBANK DRIVE, and 7% 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 0.382 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.