1, LANESFIELD, SHREWSBURY, SY3 6DA - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LANESFIELD is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £250,000 in March 2020, which was around 21% below the average March 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

1 LANESFIELD Sold Prices

Land registry data shows four sales for 1 LANESFIELD 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 1 LANESFIELD 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 25 MAR	£250,000	£314,701	21% below HPI
2018 6 SEP	£175,000	£311,224	44% below HPI
2011 26 AUG	£166,000	£243,556	32% below HPI
2002 17 MAY	£99,500	£149,374	33% below HPI

1 LANESFIELD 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 1 LANESFIELD sales between May 2002 and March 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 September 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 LANESFIELD?

1 LANESFIELD is 69m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 1 LANESFIELD lies on this distribution: 4% of detached houses are smaller than 1 LANESFIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

1 LANESFIELD: Plot and Title Map

1 LANESFIELD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1 LANESFIELD, 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 1 LANESFIELD). 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 1 LANESFIELD?

1 LANESFIELD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 1 on LANESFIELD.