4, SHROPSHIRE DRIVE, COVENTRY, CV3 1PH - £245,000

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 SHROPSHIRE DRIVE is a small detached house of 92m², built in 2008, which could now be worth an estimated £297,089. It was last sold for £245,000 in July 2019, which was around 26% below the average July 2019 detached price in the Coventry local authority area. The most recent EPC inspection was September 2010, where the current energy rating was B, and the potential energy rating was B.

4 SHROPSHIRE DRIVE Sold Prices

Land registry data shows two sales for 4 SHROPSHIRE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. Both of the two 4 SHROPSHIRE 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
2019 5 JUL	£245,000	£329,415	26% below HPI
2010 15 OCT	£172,950	£221,119	22% below HPI

4 SHROPSHIRE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Coventry local authority area over time, sourced from the HPI. The two 4 SHROPSHIRE DRIVE sales from October 2010 and July 2019 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 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 SHROPSHIRE DRIVE be worth now?

4 SHROPSHIRE DRIVE might now be worth an estimated £297,089.

This is based on house price inflation of 21.3%, between July 2019 and May 2026, for detached houses, in the Coventry local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 4 SHROPSHIRE DRIVE of £245,000 on 5th July 2019. For the value to have increased from £245,000 to £297,089 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 4 SHROPSHIRE DRIVE has moved in line with the HPI for detached houses in the Coventry local authority area.
• The July 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHROPSHIRE DRIVE has not materially changed since July 2019.

How Large is 4 SHROPSHIRE DRIVE?

4 SHROPSHIRE DRIVE is 92m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coventry, and where 4 SHROPSHIRE DRIVE lies on this distribution: 26% of detached houses houses are smaller than 4 SHROPSHIRE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Coventry.

4 SHROPSHIRE DRIVE: Plot and Title Map

4 SHROPSHIRE DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 4 SHROPSHIRE 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 SHROPSHIRE 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 SHROPSHIRE DRIVE?

4 SHROPSHIRE DRIVE is located in COVENTRY, in the CV3 postcode district. The below map shows the position of No. 4 on SHROPSHIRE DRIVE.