18, FAIRNESS CLOSE, SHREWSBURY, SY2 5YE - £232,500

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

18 FAIRNESS CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £232,500 in February 2021, which was around 31% below the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

18 FAIRNESS CLOSE Sold Prices

Land registry data shows two sales for 18 FAIRNESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 18 FAIRNESS 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 19 FEB	£232,500	£337,441	31% below HPI
2010 19 APR	£165,000	£253,406	35% below HPI

18 FAIRNESS 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 two 18 FAIRNESS CLOSE sales from April 2010 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 April 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 18 FAIRNESS CLOSE?

18 FAIRNESS CLOSE is 59m² according to the EPC inspection conducted in November 2020. 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 18 FAIRNESS CLOSE lies on this distribution: 2% of detached houses are smaller than 18 FAIRNESS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

18 FAIRNESS CLOSE: Plot and Title Map

18 FAIRNESS CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 18 FAIRNESS 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 18 FAIRNESS 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 18 FAIRNESS CLOSE?

18 FAIRNESS CLOSE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 18 on FAIRNESS CLOSE.