2, OLD FARM ROAD, HADNALL, SHREWSBURY, SY4 4BH - £340,000

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

2 OLD FARM ROAD is a very small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £340,000 in August 2023, which was around 13% below the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

2 OLD FARM ROAD Sold Prices

Land registry data shows three sales for 2 OLD FARM 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 2 OLD FARM 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
2023 16 AUG	£340,000	£390,702	13% below HPI
2003 17 JUN	£180,000	£190,277	5% below HPI
2000 22 DEC	£83,500	£128,163	35% below HPI

2 OLD FARM 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 2 OLD FARM ROAD sales between December 2000 and August 2023 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 OLD FARM ROAD?

2 OLD FARM ROAD is 98m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Hadnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hadnall, and where 2 OLD FARM ROAD lies on this distribution: 18% of detached houses are smaller than 2 OLD FARM ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Hadnall.

2 OLD FARM ROAD: Plot and Title Map

2 OLD FARM ROAD sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 2 OLD FARM 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 2 OLD FARM 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 2 OLD FARM ROAD?

2 OLD FARM ROAD is located in HADNALL, in the SY4 postcode district. The below map shows the position of No. 2 on OLD FARM ROAD.