3, HERMITAGE WALK, SHREWSBURY, SY3 8PX - £212,000

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

3 HERMITAGE WALK is a very small extended detached house of 82m², built sometime before 1900. It was last sold for £212,000 in June 2020, which was around 31% below the average June 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

3 HERMITAGE WALK Sold Prices

Land registry data shows four sales for 3 HERMITAGE WALK 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 3 HERMITAGE WALK 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 26 JUN	£212,000	£306,312	31% below HPI
2006 15 DEC	£197,500	£260,068	24% below HPI
1999 22 DEC	£74,295	£107,820	31% below HPI
1997 14 APR	£60,000	£87,775	32% below HPI

3 HERMITAGE WALK 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 3 HERMITAGE WALK sales between April 1997 and June 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 December 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 HERMITAGE WALK?

3 HERMITAGE WALK is 82m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 3 HERMITAGE WALK lies on this distribution: 13% of detached houses are smaller than 3 HERMITAGE WALK, and 87% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 HERMITAGE WALK: Plot and Title Map

3 HERMITAGE WALK sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 3 HERMITAGE WALK, 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 HERMITAGE WALK). 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 HERMITAGE WALK?

3 HERMITAGE WALK is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 3 on HERMITAGE WALK.