UNDERWOOD, HOMER, MUCH WENLOCK, TF13 6NQ - £672,000

UNDERWOOD is a very large extended detached house of 191m², built sometime between 1991 and 1995. It was last sold for £672,000 in February 2021, which was around 99% above the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

UNDERWOOD Sold Prices

Land registry data shows two sales for UNDERWOOD 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 UNDERWOOD 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
2021 18 FEB	£672,000	£337,441	99% above HPI
2002 14 AUG	£345,000	£165,908	108% above HPI

UNDERWOOD 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 UNDERWOOD sales from August 2002 and February 2021 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 August 2002 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the February 2021 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is UNDERWOOD?

UNDERWOOD is 191m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Homer, based on EPC data. The below chart shows the distribution of detached houses by size in Homer, and where UNDERWOOD lies on this distribution: 90% of detached houses are smaller than UNDERWOOD, and 10% of houses are larger. Note that EPC data is not available for all properties in Homer.

UNDERWOOD: Plot and Title Map

UNDERWOOD sits on a plot of roughly 0.457 of an acre, or 1,850m². The below map shows the location of UNDERWOOD, 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 UNDERWOOD). 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 UNDERWOOD?

UNDERWOOD is located in HOMER, in the TF13 postcode district. The below map shows the position of UNDERWOOD in HOMER.