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
8A CORNDON DRIVE is a very small detached house of 62m², built sometime between 2007 and 2011. It was last sold for £180,000 in June 2022, which was around 52% below the average June 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8A CORNDON 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. All of the three 8A CORNDON DRIVE sales were for below 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 |
---|---|---|---|
2022 10 JUN | £180,000 | £372,461 | 52% below HPI |
2022 28 JAN | £178,828 | £364,898 | 51% below HPI |
2016 6 JUL | £169,950 | £281,790 | 40% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 8A CORNDON DRIVE sales between July 2016 and June 2022 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 2022 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the June 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
8A CORNDON DRIVE is 62m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 8A CORNDON DRIVE lies on this distribution: 3% of detached houses are smaller than 8A CORNDON DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
8A CORNDON DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8A CORNDON 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 8A CORNDON 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.
8A CORNDON DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 8A on CORNDON DRIVE.