18, GRANGEFIELDS, SHREWSBURY, SY3 9DE - £325,000

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 GRANGEFIELDS is a large detached house of 133m², built sometime between 2003 and 2006. It was last sold for £325,000 in January 2005, which was around 40% above the average January 2005 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

18 GRANGEFIELDS Sold Prices

Land registry data shows two sales for 18 GRANGEFIELDS 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 GRANGEFIELDS sales were 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
2005 20 JAN	£325,000	£232,521	40% above HPI
2003 27 JUN	£275,500	£190,277	45% above HPI

18 GRANGEFIELDS 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 GRANGEFIELDS sales from June 2003 and January 2005 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 2003 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the January 2005 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 18 GRANGEFIELDS?

18 GRANGEFIELDS is 133m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% 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 GRANGEFIELDS lies on this distribution: 69% of detached houses are smaller than 18 GRANGEFIELDS, and 30% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

18 GRANGEFIELDS: Plot and Title Map

18 GRANGEFIELDS sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 18 GRANGEFIELDS, 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 GRANGEFIELDS). 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 GRANGEFIELDS?

18 GRANGEFIELDS is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 18 on GRANGEFIELDS.