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 STANHILL ROAD is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £260,000 in September 2017, which was around 12% below the average September 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 2 STANHILL ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 2 STANHILL 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 |
---|---|---|---|
2017 29 SEP | £260,000 | £295,256 | 12% below HPI |
2017 29 JUN | £265,000 | £289,363 | 8% below HPI |
2005 24 AUG | £210,000 | £240,393 | 13% below HPI |
2002 22 APR | £139,000 | £146,101 | 5% below HPI |
1998 13 FEB | £76,000 | £93,580 | 19% below HPI |
1998 2 JAN | £77,000 | £95,273 | 19% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The six 2 STANHILL ROAD sales between January 1998 and September 2017 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 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 STANHILL ROAD is 88m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 STANHILL ROAD lies on this distribution: 18% of detached houses are smaller than 2 STANHILL ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
2 STANHILL ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 STANHILL 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 STANHILL 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.
2 STANHILL ROAD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on STANHILL ROAD.