2, LONG PACK, SHREWSBURY, SY1 4UD - £257,000

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.

2 LONG PACK is a small detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £315,257. It was last sold for £257,000 in October 2020, which was around 24% below the average October 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

2 LONG PACK Sold Prices

Land registry data shows four sales for 2 LONG PACK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 2 LONG PACK 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
2020 9 OCT	£257,000	£340,174	24% below HPI
2020 29 APR	£269,950	£316,040	15% below HPI
2015 29 APR	£214,000	£271,353	21% below HPI
1999 10 SEP	£87,700	£111,669	21% below HPI

2 LONG PACK 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 four 2 LONG PACK sales between September 1999 and October 2020 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 2020 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 LONG PACK be worth now?

2 LONG PACK might now be worth an estimated £315,257.

This is based on house price inflation of 22.7%, between October 2020 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 22.7% inflationary increase is applied to the most recent sale price for 2 LONG PACK of £257,000 on 9th October 2020. For the value to have increased from £257,000 to £315,257 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 LONG PACK has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2020 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LONG PACK has not materially changed since October 2020.

How Large is 2 LONG PACK?

2 LONG PACK is 104m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 LONG PACK lies on this distribution: 35% of detached houses houses are smaller than 2 LONG PACK, and 64% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 LONG PACK: Plot and Title Map

2 LONG PACK sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 LONG PACK, 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 LONG PACK). 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 LONG PACK?

2 LONG PACK is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 2 on LONG PACK.