3, LABURNUM CLOSE, SHIFNAL, TF11 8EZ - £315,500

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

3 LABURNUM CLOSE is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £315,500 in April 2024, which was around 18% below the average April 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 LABURNUM CLOSE Sold Prices

Land registry data shows five sales for 3 LABURNUM CLOSE since 1^st 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 3 LABURNUM 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
2024 24 APR	£315,500	£386,067	18% below HPI
2019 18 DEC	£227,950	£311,817	27% below HPI
2015 21 MAY	£180,950	£266,330	32% below HPI
2011 21 OCT	£175,000	£253,642	31% below HPI
1995 13 APR	£68,000	£83,150	18% below HPI

3 LABURNUM 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 five 3 LABURNUM CLOSE sales between April 1995 and April 2024 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 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 LABURNUM CLOSE?

3 LABURNUM CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 3 LABURNUM CLOSE lies on this distribution: 12% of detached houses are smaller than 3 LABURNUM CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

3 LABURNUM CLOSE: Plot and Title Map

3 LABURNUM CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 3 LABURNUM 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 LABURNUM 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 LABURNUM CLOSE?

3 LABURNUM CLOSE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 3 on LABURNUM CLOSE.