4, CORSTEN DRIVE, SHREWSBURY, SY2 5TJ - £270,000

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.

4 CORSTEN DRIVE is a midsized extended detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £353,083. It was last sold for £270,000 in August 2018, which was around 15% below the average August 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

4 CORSTEN DRIVE Sold Prices

Land registry data shows four sales for 4 CORSTEN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the four 4 CORSTEN 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
2018 15 AUG	£270,000	£319,095	15% below HPI
2009 26 NOV	£212,500	£252,502	16% below HPI
2000 10 FEB	£104,000	£110,809	6% below HPI
1998 6 FEB	£97,950	£96,194	2% above HPI

4 CORSTEN 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 four 4 CORSTEN DRIVE sales between February 1998 and August 2018 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 November 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 4 CORSTEN DRIVE be worth now?

4 CORSTEN DRIVE might now be worth an estimated £353,083.

This is based on house price inflation of 30.8%, between August 2018 and February 2025, for 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 30.8% inflationary increase is applied to the most recent sale price for 4 CORSTEN DRIVE of £270,000 on 15th August 2018. For the value to have increased from £270,000 to £353,083 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 4 CORSTEN DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CORSTEN DRIVE has not materially changed since August 2018.

How Large is 4 CORSTEN DRIVE?

4 CORSTEN DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 4 CORSTEN DRIVE lies on this distribution: 56% of detached houses houses are smaller than 4 CORSTEN DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 CORSTEN DRIVE: Plot and Title Map

4 CORSTEN DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 4 CORSTEN 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 4 CORSTEN 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 4 CORSTEN DRIVE?

4 CORSTEN DRIVE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 4 on CORSTEN DRIVE.