88, DRAPERS RISE, SHREWSBURY, SY3 9FN - £466,000

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

88 DRAPERS RISE is a very large detached house of 161m². It was last sold for £466,000 in May 2021, which was around 39% above the average May 2021 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.

88 DRAPERS RISE Sold Prices

Land registry data shows two sales for 88 DRAPERS RISE 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 88 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
2021 11 MAY	£466,000	£334,214	39% above HPI
2019 11 OCT	£430,000	£316,667	36% above HPI

88 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 two 88 DRAPERS RISE sales from October 2019 and May 2021 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 October 2019 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 88 DRAPERS RISE?

88 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 88 DRAPERS RISE lies on this distribution: 85% of detached houses are smaller than 88 DRAPERS RISE, and 15% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

88 DRAPERS RISE: Plot and Title Map

88 DRAPERS RISE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 88 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 88 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 88 DRAPERS RISE?

88 DRAPERS RISE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 88 on DRAPERS RISE.