28, FARMLODGE LANE, SHREWSBURY, SY1 3ST - £74,500

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

28 FARMLODGE LANE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £74,500 in December 1998, which was around 25% below the average December 1998 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

28 FARMLODGE LANE Sold Prices

Land registry data shows two sales for 28 FARMLODGE 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 28 FARMLODGE 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
1998 21 DEC	£74,500	£99,863	25% below HPI
1996 12 DEC	£70,000	£85,976	19% below HPI

28 FARMLODGE 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 28 FARMLODGE LANE sales from December 1996 and December 1998 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 December 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 1998 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 28 FARMLODGE LANE?

28 FARMLODGE LANE is 103m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 28 FARMLODGE LANE lies on this distribution: 34% of detached houses are smaller than 28 FARMLODGE LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

28 FARMLODGE LANE: Plot and Title Map

28 FARMLODGE LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 28 FARMLODGE 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 28 FARMLODGE 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 28 FARMLODGE LANE?

28 FARMLODGE LANE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 28 on FARMLODGE LANE.