5, SLADE LANE, HOMER, MUCH WENLOCK, TF13 6NW - £342,000

5 SLADE LANE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £342,000 in September 2019, which was around 10% above the average September 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was A.

5 SLADE LANE Sold Prices

Land registry data shows three sales for 5 SLADE LANE 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 5 SLADE LANE sales were for above 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
2019 23 SEP	£342,000	£310,575	10% above HPI
2003 7 NOV	£212,000	£203,664	4% above HPI
2001 31 MAY	£145,000	£130,948	11% above HPI

5 SLADE 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 three 5 SLADE LANE sales between May 2001 and September 2019 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 SLADE LANE?

5 SLADE LANE is 86m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Homer, based on EPC data. The below chart shows the distribution of detached houses by size in Homer, and where 5 SLADE LANE lies on this distribution: 8% of detached houses are smaller than 5 SLADE LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Homer.

5 SLADE LANE: Plot and Title Map

5 SLADE LANE sits on a plot of roughly 0.351 of an acre, or 1,420m². The below map shows the location of 5 SLADE 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 SLADE 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 SLADE LANE?

5 SLADE LANE is located in HOMER, in the TF13 postcode district. The below map shows the position of No. 5 on SLADE LANE.