According to the public record, 8, Lapwood Drive, Shrewsbury is a modern house with 1,351 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lapwood Drive, Shrewsbury, SY1 is located within the SY1 postal district.
8, Lapwood Drive, Shrewsbury has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Lapwood Drive Shrewsbury as £295,307 and the rental value as £1,022 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 8 Lapwood Drive Shrewsbury has decreased by £4,208 (1.4%) and its rental value has decreased by £8 per month (0.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Lapwood Drive, Shrewsbury is in very good condition we estimate a sale value of £310,072 and rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,635 and a rental value of £950 per month.
If you were able to purchase this property for the estimated value of £295,307, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,451 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 8, Lapwood Drive, Shrewsbury sits on a plot of 249m2.
We have plot size data on 9 out of 13 other houses in the postcode and 8, Lapwood Drive, Shrewsbury sits on the 3rd largest plot.
According to HM Land Registry, 8, Lapwood Drive, Shrewsbury was last sold on 29 Mar 1996 for £57,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lapwood Drive, Shrewsbury within a radius of 830 metres over the last 2 years.
The most recent example is 10, Redfield, Shrewsbury, SY1 3XP, a Freehold house which sold for £320,000 in Mar 2024.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lapwood Drive, Shrewsbury, SY1 has a total of 17 addresses. According to our analysis of all the public data, 8, Lapwood Drive, Shrewsbury is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in SY1.
8, Lapwood Drive, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Lapwood Drive, Shrewsbury is Shrewsbury station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Lapwood Drive, Shrewsbury, 37.9% of property is privately owned with a mortgage and 36.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Lapwood Drive, Shrewsbury, 15.4% of residents are recorded as possessing school level qualifications and 38.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Lapwood Drive, Shrewsbury, the average age was 45.9 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Lapwood Drive, Shrewsbury, 0.6% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Lapwood Drive, Shrewsbury, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.