14, FARR CLOSE, SHREWSBURY, SY2 6GN - £307,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 FARR CLOSE is a very small detached house of 89m², built in 2021, which could now be worth an estimated £315,307. It was last sold for £307,000 in October 2024, which was around 24% below the average October 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

14 FARR CLOSE Sold Prices

Land registry data shows three sales for 14 FARR CLOSE 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. Two of the three 14 FARR CLOSE sales were for below the average price, whilst one was 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
2024 31 OCT	£307,000	£406,291	24% below HPI
2021 17 DEC	£265,000	£368,380	28% below HPI
2019 16 OCT	£13,668,000	£325,512	4099% above HPI

14 FARR CLOSE 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 14 FARR CLOSE sales between October 2019 and October 2024 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 December 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 14 FARR CLOSE be worth now?

14 FARR CLOSE might now be worth an estimated £315,307.

This is based on house price inflation of 2.7%, between October 2024 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for 14 FARR CLOSE of £307,000 on 31st October 2024. For the value to have increased from £307,000 to £315,307 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 14 FARR CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2024 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FARR CLOSE has not materially changed since October 2024.

How Large is 14 FARR CLOSE?

14 FARR CLOSE is 89m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 14 FARR CLOSE lies on this distribution: 18% of detached houses houses are smaller than 14 FARR CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

14 FARR CLOSE: Plot and Title Map

14 FARR CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 14 FARR 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 14 FARR 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.

Where is 14 FARR CLOSE?

14 FARR CLOSE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 14 on FARR CLOSE.