18, NEW COLLEGE ROAD, SHREWSBURY, SY2 6PU - £245,000

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 NEW COLLEGE ROAD is a very small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £345,009. It was last sold for £245,000 in November 2016, which was around 17% below the average November 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

18 NEW COLLEGE ROAD Sold Prices

Land registry data shows three sales for 18 NEW COLLEGE ROAD 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 NEW COLLEGE 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
2016 18 NOV	£245,000	£296,325	17% below HPI
2004 2 APR	£192,000	£221,223	13% below HPI
1995 30 NOV	£77,500	£84,693	8% below HPI

18 NEW COLLEGE 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 three 18 NEW COLLEGE ROAD sales between November 1995 and November 2016 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 18 NEW COLLEGE ROAD be worth now?

18 NEW COLLEGE ROAD might now be worth an estimated £345,009.

This is based on house price inflation of 40.8%, between November 2016 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 40.8% inflationary increase is applied to the most recent sale price for 18 NEW COLLEGE ROAD of £245,000 on 18th November 2016. For the value to have increased from £245,000 to £345,009 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 NEW COLLEGE ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NEW COLLEGE ROAD has not materially changed since November 2016.

How Large is 18 NEW COLLEGE ROAD?

18 NEW COLLEGE ROAD is 76m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 NEW COLLEGE ROAD lies on this distribution: 8% of detached houses houses are smaller than 18 NEW COLLEGE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

18 NEW COLLEGE ROAD: Plot and Title Map

18 NEW COLLEGE ROAD sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 18 NEW COLLEGE 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 NEW COLLEGE 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 NEW COLLEGE ROAD?

18 NEW COLLEGE ROAD is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 18 on NEW COLLEGE ROAD.