12, HERITAGE WAY, LLANYMYNECH, SY22 6LL - £220,000

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

12 HERITAGE WAY is a small detached house of 80m², built sometime between 2007 and 2011. It was last sold for £220,000 in May 2023, which was around 42% below the average May 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

12 HERITAGE WAY Sold Prices

Land registry data shows three sales for 12 HERITAGE WAY 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. All of the three 12 HERITAGE WAY 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
2023 19 MAY	£220,000	£380,616	42% below HPI
2011 15 NOV	£152,500	£252,194	40% below HPI
2008 30 JUN	£180,000	£262,293	31% below HPI

12 HERITAGE WAY 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 12 HERITAGE WAY sales between June 2008 and May 2023 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 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 12 HERITAGE WAY?

12 HERITAGE WAY is 80m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Llanymynech, based on EPC data. The below chart shows the distribution of detached houses by size in Llanymynech, and where 12 HERITAGE WAY lies on this distribution: 24% of detached houses are smaller than 12 HERITAGE WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Llanymynech.

12 HERITAGE WAY: Plot and Title Map

12 HERITAGE WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 12 HERITAGE WAY, 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 12 HERITAGE WAY). 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 12 HERITAGE WAY?

12 HERITAGE WAY is located in LLANYMYNECH, in the SY22 postcode district. The below map shows the position of No. 12 on HERITAGE WAY.