2, THE RUSSELLS, SHIFNAL, TF11 8AP - £575,000

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 THE RUSSELLS is a very large extended detached house of 197m², built sometime between 1976 and 1982. It was last sold for £575,000 in December 2023, which was around 48% above the average December 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

2 THE RUSSELLS Sold Prices

Land registry data shows four sales for 2 THE RUSSELLS 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 THE RUSSELLS 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
2023 8 DEC	£575,000	£387,937	48% above HPI
2009 31 JUL	£370,000	£238,343	55% above HPI
2004 26 MAR	£345,000	£213,496	62% above HPI
2000 29 NOV	£170,000	£128,327	32% above HPI

2 THE RUSSELLS 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 THE RUSSELLS sales between November 2000 and December 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 July 2009 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2023 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 2 THE RUSSELLS?

2 THE RUSSELLS is 197m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 2 THE RUSSELLS lies on this distribution: 98% of detached houses are smaller than 2 THE RUSSELLS, and 2% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

2 THE RUSSELLS: Plot and Title Map

2 THE RUSSELLS sits on a plot of roughly 0.258 of an acre, or 1,046m². The below map shows the location of 2 THE RUSSELLS, 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 THE RUSSELLS). 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 THE RUSSELLS?

2 THE RUSSELLS is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 2 on THE RUSSELLS.