LABURNUM HOUSE, POWELLS LANE, CLUN, CRAVEN ARMS, SY7 8LA - £315,000

LABURNUM HOUSE is a small extended detached house of 122m², built sometime before 1900. It was last sold for £315,000 in January 2020, which was around 1% above the average January 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was F, and the potential energy rating was B.

LABURNUM HOUSE Sold Prices

Land registry data shows four sales for LABURNUM HOUSE 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. Most of the four LABURNUM HOUSE 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
2020 3 JAN	£315,000	£311,443	1% above HPI
2002 15 MAY	£116,639	£149,374	22% below HPI
2001 20 AUG	£129,500	£137,742	6% below HPI
1997 4 NOV	£72,500	£94,548	23% below HPI

LABURNUM HOUSE 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 LABURNUM HOUSE sales between November 1997 and January 2020 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 May 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is LABURNUM HOUSE?

LABURNUM HOUSE is 122m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Clun, based on EPC data. The below chart shows the distribution of detached houses by size in Clun, and where LABURNUM HOUSE lies on this distribution: 40% of detached houses are smaller than LABURNUM HOUSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Clun.

LABURNUM HOUSE: Plot and Title Map

LABURNUM HOUSE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of LABURNUM HOUSE, 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 LABURNUM HOUSE). 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 LABURNUM HOUSE?

LABURNUM HOUSE is located on POWELLS LANE in CLUN, in the SY7 postcode district. The below map shows the position of LABURNUM HOUSE on POWELLS LANE.