4, FALCONS WAY, SHREWSBURY, SY3 8ZE - £202,000

4 FALCONS WAY is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £202,000 in June 2021, which was around 41% below the average June 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 FALCONS WAY Sold Prices

Land registry data shows three sales for 4 FALCONS WAY 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 4 FALCONS WAY 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
2021 11 JUN	£202,000	£341,731	41% below HPI
2016 22 NOV	£157,500	£288,273	45% below HPI
2010 5 FEB	£160,000	£252,483	37% below HPI

4 FALCONS WAY 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 4 FALCONS WAY sales between February 2010 and June 2021 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 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 FALCONS WAY?

4 FALCONS WAY is 49m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 4 FALCONS WAY lies on this distribution: Less than 1% of detached houses are smaller than 4 FALCONS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 FALCONS WAY: Plot and Title Map

4 FALCONS WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 4 FALCONS WAY, 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 FALCONS WAY). 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 FALCONS WAY?

4 FALCONS WAY is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 4 on FALCONS WAY.