74, DRAPERS RISE, SHREWSBURY, SY3 9FN - £515,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

74 DRAPERS RISE is a very large detached house of 161m². It was last sold for £515,000 in September 2023, which was around 31% above the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was B.

74 DRAPERS RISE Sold Prices

Land registry data shows three sales for 74 DRAPERS RISE since 1^st 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. All of the three 74 DRAPERS RISE 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 29 SEP	£515,000	£392,797	31% above HPI
2021 16 DEC	£505,000	£358,369	41% above HPI
2019 18 OCT	£425,000	£316,667	34% above HPI

74 DRAPERS RISE 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 three 74 DRAPERS RISE sales between October 2019 and September 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 December 2021 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 74 DRAPERS RISE?

74 DRAPERS RISE is 161m² according to the EPC inspection conducted in September 2019. This puts it in the largest 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 74 DRAPERS RISE lies on this distribution: 85% of detached houses are smaller than 74 DRAPERS RISE, and 15% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

74 DRAPERS RISE: Plot and Title Map

74 DRAPERS RISE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 74 DRAPERS RISE, 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 74 DRAPERS RISE). 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 74 DRAPERS RISE?

74 DRAPERS RISE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 74 on DRAPERS RISE.