48, FALCONS WAY, SHREWSBURY, SY3 8ZG - £175,000

48 FALCONS WAY is a very small detached house of 53m², built sometime between 1983 and 1990. It was last sold for £175,000 in September 2012, which was around 31% below the average September 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

48 FALCONS WAY Sold Prices

Land registry data shows three sales for 48 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 48 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
2012 18 SEP	£175,000	£253,802	31% below HPI
2004 10 DEC	£187,000	£233,055	20% below HPI
1997 25 NOV	£75,250	£94,548	20% below HPI

48 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 48 FALCONS WAY sales between November 1997 and September 2012 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 December 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 FALCONS WAY?

48 FALCONS WAY is 53m² according to the EPC inspection conducted in January 2024. 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 48 FALCONS WAY lies on this distribution: 1% of detached houses are smaller than 48 FALCONS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

48 FALCONS WAY: Plot and Title Map

48 FALCONS WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 48 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 48 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 48 FALCONS WAY?

48 FALCONS WAY is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 48 on FALCONS WAY.