18, CHAPEL ROAD, HADNALL, SHREWSBURY, SY4 4EH - £345,000

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

18 CHAPEL ROAD is a very small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £345,000 in May 2023, which was around 9% below the average May 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

18 CHAPEL ROAD Sold Prices

Land registry data shows six sales for 18 CHAPEL ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the six 18 CHAPEL ROAD 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 3 MAY	£345,000	£380,616	9% below HPI
2020 9 JUN	£294,000	£306,312	4% below HPI
2014 18 JUL	£249,995	£257,803	3% below HPI
2006 27 OCT	£249,950	£263,440	5% below HPI
2005 28 OCT	£224,000	£247,578	10% below HPI
1998 11 DEC	£104,650	£99,863	5% above HPI

18 CHAPEL ROAD 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 six 18 CHAPEL ROAD sales between December 1998 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 June 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 CHAPEL ROAD?

18 CHAPEL ROAD is 97m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Hadnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hadnall, and where 18 CHAPEL ROAD lies on this distribution: 16% of detached houses are smaller than 18 CHAPEL ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Hadnall.

18 CHAPEL ROAD: Plot and Title Map

18 CHAPEL ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 18 CHAPEL ROAD, 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 18 CHAPEL ROAD). 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 18 CHAPEL ROAD?

18 CHAPEL ROAD is located in HADNALL, in the SY4 postcode district. The below map shows the position of No. 18 on CHAPEL ROAD.