5, CORNER LANE, BICTON HEATH, SHREWSBURY, SY3 5BZ - £248,000

5 CORNER LANE is a midsized extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £248,000 in March 2017, which was around 15% below the average March 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

5 CORNER LANE Sold Prices

Land registry data shows two sales for 5 CORNER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 5 CORNER LANE 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
2017 17 MAR	£248,000	£291,037	15% below HPI
2006 24 NOV	£244,950	£261,957	6% below HPI

5 CORNER LANE 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 two 5 CORNER LANE sales from November 2006 and March 2017 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 CORNER LANE?

5 CORNER LANE is 110m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 5 CORNER LANE lies on this distribution: 43% of detached houses are smaller than 5 CORNER LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 CORNER LANE: Plot and Title Map

5 CORNER LANE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 5 CORNER LANE, 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 5 CORNER LANE). 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 5 CORNER LANE?

5 CORNER LANE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 5 on CORNER LANE.