2, CORNER LANE, BICTON HEATH, SHREWSBURY, SY3 5BZ - £239,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CORNER LANE is a large extended detached house of 131m², built sometime between 1976 and 1982, which could now be worth an estimated £374,855. It was last sold for £239,000 in July 2014, which was around 10% below the average July 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

2 CORNER LANE Sold Prices

Land registry data shows three sales for 2 CORNER 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. The three 2 CORNER LANE sales were a mix of below the average price, and roughly equal to 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
2014 29 JUL	£239,000	£265,004	10% below HPI
2008 4 JUL	£206,000	£269,464	24% below HPI
2000 27 MAR	£112,000	£112,015	Close to HPI

2 CORNER 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 2 CORNER LANE sales between March 2000 and July 2014 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 July 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 CORNER LANE be worth now?

2 CORNER LANE might now be worth an estimated £374,855.

This is based on house price inflation of 56.8%, between July 2014 and December 2024, 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 56.8% inflationary increase is applied to the most recent sale price for 2 CORNER LANE of £239,000 on 29th July 2014. For the value to have increased from £239,000 to £374,855 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 CORNER LANE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2014 sale price of £239,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNER LANE has not materially changed since July 2014.

How Large is 2 CORNER LANE?

2 CORNER LANE is 131m², which includes one extension, according to the EPC inspection conducted in December 2012. 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 2 CORNER LANE lies on this distribution: 68% of detached houses houses are smaller than 2 CORNER LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 CORNER LANE: Plot and Title Map

2 CORNER LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 CORNER 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 2 CORNER 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 2 CORNER LANE?

2 CORNER LANE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 2 on CORNER LANE.