Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 LINNET CLOSE is a very large extended detached house of 152m², built sometime between 1976 and 1982. It was last sold for £285,000 in February 2021, which was around 16% below 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 D, and the potential energy rating was C.
Land registry data shows four sales for 1 LINNET CLOSE since 1st 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 LINNET CLOSE 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 |
---|---|---|---|
2021 5 FEB | £285,000 | £337,441 | 16% below HPI |
2009 20 NOV | £205,000 | £245,641 | 17% below HPI |
2004 9 JAN | £191,000 | £210,482 | 9% below HPI |
2002 3 MAY | £129,995 | £149,374 | 13% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 1 LINNET CLOSE sales between May 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 November 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
1 LINNET CLOSE is 152m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 LINNET CLOSE lies on this distribution: 82% of detached houses are smaller than 1 LINNET CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
1 LINNET CLOSE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 1 LINNET CLOSE, 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 LINNET CLOSE). 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.
1 LINNET CLOSE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 1 on LINNET CLOSE.