12, RICHMOND DRIVE, SHREWSBURY, SY3 8TR - £228,500

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.

12 RICHMOND DRIVE is a very small extended semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £342,776. It was last sold for £228,500 in October 2015, which was around 32% above the average October 2015 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

12 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 12 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 12 RICHMOND 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
2015 2 OCT	£228,500	£173,748	32% above HPI
2010 30 JUL	£190,100	£163,524	16% above HPI

12 RICHMOND DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 12 RICHMOND DRIVE sales from July 2010 and October 2015 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 July 2010 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2015 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 12 RICHMOND DRIVE be worth now?

12 RICHMOND DRIVE might now be worth an estimated £342,776.

This is based on house price inflation of 50%, between October 2015 and February 2025, for semi-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 50% inflationary increase is applied to the most recent sale price for 12 RICHMOND DRIVE of £228,500 on 2nd October 2015. For the value to have increased from £228,500 to £342,776 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 RICHMOND DRIVE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The October 2015 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 12 RICHMOND DRIVE has not materially changed since October 2015.

How Large is 12 RICHMOND DRIVE?

12 RICHMOND DRIVE is 78m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of semi-detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shrewsbury, and where 12 RICHMOND DRIVE lies on this distribution: 9% of semi-detached houses houses are smaller than 12 RICHMOND DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

12 RICHMOND DRIVE: Plot and Title Map

12 RICHMOND DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 12 RICHMOND 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 12 RICHMOND 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 12 RICHMOND DRIVE?

12 RICHMOND DRIVE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 12 on RICHMOND DRIVE.