7, HOSPITAL LANE, CLUN, CRAVEN ARMS, SY7 8LE - £135,000

7 HOSPITAL LANE is a very small extended detached house of 76m², built sometime before 1900. It was last sold for £135,000 in December 2017, which was around 55% below the average December 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was B.

7 HOSPITAL LANE Sold Prices

Land registry data shows four sales for 7 HOSPITAL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 7 HOSPITAL 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 13 DEC	£135,000	£298,013	55% below HPI
1999 8 JAN	£55,000	£100,020	45% below HPI
1997 10 NOV	£34,000	£94,548	64% below HPI
1996 17 SEP	£26,000	£85,447	70% below HPI

7 HOSPITAL 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 four 7 HOSPITAL LANE sales between September 1996 and December 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 January 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 7 HOSPITAL LANE?

7 HOSPITAL LANE is 76m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Clun, based on EPC data. The below chart shows the distribution of detached houses by size in Clun, and where 7 HOSPITAL LANE lies on this distribution: 6% of detached houses are smaller than 7 HOSPITAL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Clun.

7 HOSPITAL LANE: Plot and Title Map

7 HOSPITAL LANE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 7 HOSPITAL 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 7 HOSPITAL 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 7 HOSPITAL LANE?

7 HOSPITAL LANE is located in CLUN, in the SY7 postcode district. The below map shows the position of No. 7 on HOSPITAL LANE.