3, ERDINGTON CLOSE, SHAWBURY, SHREWSBURY, SY4 4DQ - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ERDINGTON CLOSE is a midsized extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £330,981. It was last sold for £255,000 in July 2020, which was around 21% below the average July 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

3 ERDINGTON CLOSE Sold Prices

Land registry data shows two sales for 3 ERDINGTON CLOSE 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 3 ERDINGTON CLOSE 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
2020 10 JUL	£255,000	£321,492	21% below HPI
1998 19 FEB	£89,995	£96,194	6% below HPI

3 ERDINGTON CLOSE 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 3 ERDINGTON CLOSE sales from February 1998 and July 2020 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 February 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 ERDINGTON CLOSE be worth now?

3 ERDINGTON CLOSE might now be worth an estimated £330,981.

This is based on house price inflation of 29.8%, between July 2020 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.8% inflationary increase is applied to the most recent sale price for 3 ERDINGTON CLOSE of £255,000 on 10th July 2020. For the value to have increased from £255,000 to £330,981 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 3 ERDINGTON CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ERDINGTON CLOSE has not materially changed since July 2020.

How Large is 3 ERDINGTON CLOSE?

3 ERDINGTON CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Shawbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shawbury, and where 3 ERDINGTON CLOSE lies on this distribution: 42% of detached houses houses are smaller than 3 ERDINGTON CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Shawbury.

3 ERDINGTON CLOSE: Plot and Title Map

3 ERDINGTON CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 ERDINGTON CLOSE, 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 3 ERDINGTON CLOSE). 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 3 ERDINGTON CLOSE?

3 ERDINGTON CLOSE is located in SHAWBURY, in the SY4 postcode district. The below map shows the position of No. 3 on ERDINGTON CLOSE.