NEWLANDS, LYNEAL LANE, WELSHAMPTON, ELLESMERE, SY12 0PQ - £270,000

NEWLANDS is a small detached house of 129m², built sometime between 1996 and 2002. It was last sold for £270,000 in December 2017, which was around 9% below the average December 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS 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. The three NEWLANDS sales were a mix of below the average price, and roughly equal to 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 15 DEC	£270,000	£298,013	9% below HPI
2003 11 APR	£187,250	£186,930	Close to HPI
2000 3 AUG	£104,500	£123,943	16% below HPI

NEWLANDS 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 NEWLANDS sales between August 2000 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 April 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 129m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Welshampton, based on EPC data. The below chart shows the distribution of detached houses by size in Welshampton, and where NEWLANDS lies on this distribution: 32% of detached houses are smaller than NEWLANDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Welshampton.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on LYNEAL LANE in WELSHAMPTON, in the SY12 postcode district. The below map shows the position of NEWLANDS on LYNEAL LANE.