21, MERCERS LANE, SHREWSBURY, SY3 9FS - £435,000

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

21 MERCERS LANE is a large detached house of 137m². It was last sold for £435,000 in March 2024, which was around 13% above the average March 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

21 MERCERS LANE Sold Prices

Land registry data shows two sales for 21 MERCERS 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 21 MERCERS 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
2024 1 MAR	£435,000	£385,743	13% above HPI
2018 30 NOV	£349,950	£308,838	13% above HPI

21 MERCERS 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 21 MERCERS LANE sales from November 2018 and March 2024 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 November 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2024 sale, which was also at 13% above the HPI.

How Large is 21 MERCERS LANE?

21 MERCERS LANE is 137m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 21 MERCERS LANE lies on this distribution: 72% of detached houses are smaller than 21 MERCERS LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

21 MERCERS LANE: Plot and Title Map

21 MERCERS LANE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 21 MERCERS 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 21 MERCERS 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 21 MERCERS LANE?

21 MERCERS LANE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 21 on MERCERS LANE.