18, FARMLODGE LANE, SHREWSBURY, SY1 3ST - £158,000

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 FARMLODGE LANE is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £158,000 in December 2006, which was around 39% below the average December 2006 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

18 FARMLODGE LANE Sold Prices

Land registry data shows three sales for 18 FARMLODGE LANE 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 18 FARMLODGE LANE 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
2006 8 DEC	£158,000	£260,068	39% below HPI
2004 4 JUN	£139,995	£219,342	36% below HPI
1997 31 JAN	£59,950	£86,278	31% below HPI

18 FARMLODGE LANE 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 18 FARMLODGE LANE sales between January 1997 and December 2006 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 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2006 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 18 FARMLODGE LANE?

18 FARMLODGE LANE is 69m² according to the EPC inspection conducted in February 2012. 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 FARMLODGE LANE lies on this distribution: 5% of detached houses are smaller than 18 FARMLODGE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

18 FARMLODGE LANE: Plot and Title Map

18 FARMLODGE LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 18 FARMLODGE LANE, 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 FARMLODGE LANE). 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 FARMLODGE LANE?

18 FARMLODGE LANE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 18 on FARMLODGE LANE.