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
23 VICARAGE LANE is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £155,000 in February 2017, which was around 47% below the average February 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 23 VICARAGE LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 23 VICARAGE 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 |
---|---|---|---|
2017 17 FEB | £155,000 | £291,656 | 47% below HPI |
2006 24 NOV | £155,000 | £261,957 | 41% below HPI |
2002 22 FEB | £75,000 | £142,475 | 47% below HPI |
2001 28 JUN | £49,000 | £133,817 | 63% below HPI |
1997 30 MAY | £42,000 | £88,452 | 53% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The five 23 VICARAGE LANE sales between May 1997 and February 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 November 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2017 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
23 VICARAGE LANE is 75m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Highley, based on EPC data. The below chart shows the distribution of detached houses by size in Highley, and where 23 VICARAGE LANE lies on this distribution: 13% of detached houses are smaller than 23 VICARAGE LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Highley.
23 VICARAGE LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 23 VICARAGE 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 23 VICARAGE 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.
23 VICARAGE LANE is located in HIGHLEY, in the WV16 postcode district. The below map shows the position of No. 23 on VICARAGE LANE.