18, LATCHFORD LANE, SHREWSBURY, SY1 4YG - £240,000

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.

18 LATCHFORD LANE is a midsized detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £384,134. It was last sold for £240,000 in April 2011, which was around 8% below the average April 2011 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

18 LATCHFORD LANE Sold Prices

Land registry data shows three sales for 18 LATCHFORD 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. One of the three 18 LATCHFORD LANE sales was for below the average price, whilst two 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
2011 8 APR	£240,000	£260,712	8% below HPI
2009 22 MAY	£240,000	£236,598	1% above HPI
2000 24 NOV	£140,000	£131,911	6% above HPI

18 LATCHFORD 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 LATCHFORD LANE sales between November 2000 and April 2011 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 May 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 LATCHFORD LANE be worth now?

18 LATCHFORD LANE might now be worth an estimated £384,134.

This is based on house price inflation of 60.1%, between April 2011 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 60.1% inflationary increase is applied to the most recent sale price for 18 LATCHFORD LANE of £240,000 on 8th April 2011. For the value to have increased from £240,000 to £384,134 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 18 LATCHFORD LANE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2011 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LATCHFORD LANE has not materially changed since April 2011.

How Large is 18 LATCHFORD LANE?

18 LATCHFORD LANE is 122m² according to the EPC inspection conducted in September 2023. This puts it in the largest 40% 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 18 LATCHFORD LANE lies on this distribution: 59% of detached houses houses are smaller than 18 LATCHFORD LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

18 LATCHFORD LANE: Plot and Title Map

18 LATCHFORD LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 18 LATCHFORD 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 LATCHFORD 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 LATCHFORD LANE?

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