8A, CORNDON DRIVE, SHREWSBURY, SY1 4LH - £180,000

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.

8A CORNDON DRIVE is a very small detached house of 62m², built sometime between 2007 and 2011, which could now be worth an estimated £193,173. It was last sold for £180,000 in June 2022, which was around 53% 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.

8A CORNDON DRIVE Sold Prices

Land registry data shows three sales for 8A CORNDON DRIVE since 1^st 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	£382,864	53% below HPI
2022 28 JAN	£178,828	£375,091	52% below HPI
2016 6 JUL	£169,950	£289,661	41% below HPI

8A CORNDON 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 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 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2022 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 8A CORNDON DRIVE be worth now?

8A CORNDON DRIVE might now be worth an estimated £193,173.

This is based on house price inflation of 7.3%, between June 2022 and June 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 7.3% inflationary increase is applied to the most recent sale price for 8A CORNDON DRIVE of £180,000 on 10th June 2022. For the value to have increased from £180,000 to £193,173 over the three years to June 2025, the following assumptions must hold true:

• The value of 8A CORNDON DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8A CORNDON DRIVE has not materially changed since June 2022.

How Large is 8A CORNDON DRIVE?

8A CORNDON DRIVE is 62m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 8A CORNDON DRIVE lies on this distribution: 3% of detached houses 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: Plot and Title Map

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.

Where is 8A CORNDON DRIVE?

8A CORNDON DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 8A on CORNDON DRIVE.