2, RED BARN LANE, SHREWSBURY, SY3 7HR - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RED BARN LANE is a small detached house of 101m², built sometime before 1900. It was last sold for £430,000 in September 2020, which was around 32% above the average September 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

2 RED BARN LANE Sold Prices

Land registry data shows two sales for 2 RED BARN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 2 RED BARN LANE sales 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
2020 16 SEP	£430,000	£325,117	32% above HPI
2016 12 AUG	£380,000	£287,287	32% above HPI

2 RED BARN 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 two 2 RED BARN LANE sales from August 2016 and September 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 August 2016 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2020 sale, which was also at 32% above the HPI.

How Large is 2 RED BARN LANE?

2 RED BARN LANE is 101m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 2 RED BARN LANE lies on this distribution: 32% of detached houses are smaller than 2 RED BARN LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 RED BARN LANE: Plot and Title Map

2 RED BARN LANE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 2 RED BARN 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 RED BARN 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 RED BARN LANE?

2 RED BARN LANE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on RED BARN LANE.