22, LAUNDRY LANE, SHREWSBURY, SY2 6ER - £315,000

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

22 LAUNDRY LANE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £315,000 in February 2022, which was around 14% below the average February 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

22 LAUNDRY LANE Sold Prices

Land registry data shows four sales for 22 LAUNDRY LANE 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 22 LAUNDRY LANE 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
2022 1 FEB	£315,000	£366,461	14% below HPI
2007 5 OCT	£220,000	£280,053	21% below HPI
2005 15 SEP	£205,000	£243,997	16% below HPI
2001 8 MAY	£117,500	£130,948	10% below HPI

22 LAUNDRY 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 four 22 LAUNDRY LANE sales between May 2001 and February 2022 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 October 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 22 LAUNDRY LANE?

22 LAUNDRY LANE is 98m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 22 LAUNDRY LANE lies on this distribution: 28% of detached houses are smaller than 22 LAUNDRY LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

22 LAUNDRY LANE: Plot and Title Map

22 LAUNDRY LANE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 22 LAUNDRY 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 22 LAUNDRY 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 22 LAUNDRY LANE?

22 LAUNDRY LANE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 22 on LAUNDRY LANE.