3, LATCHFORD LANE, SHREWSBURY, SY1 4YG - £227,000

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 LATCHFORD LANE is a small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £227,000 in October 2013, which was around 12% below the average October 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

3 LATCHFORD LANE Sold Prices

Land registry data shows four sales for 3 LATCHFORD LANE 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 LATCHFORD 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
2013 23 OCT	£227,000	£256,647	12% below HPI
2008 15 SEP	£201,000	£256,811	22% below HPI
2007 29 JUN	£200,000	£264,243	24% below HPI
2000 31 MAR	£95,000	£108,971	13% below HPI

3 LATCHFORD 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 four 3 LATCHFORD LANE sales between March 2000 and October 2013 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 September 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 LATCHFORD LANE?

3 LATCHFORD LANE is 106m² according to the EPC inspection conducted in August 2012. 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 3 LATCHFORD LANE lies on this distribution: 37% of detached houses are smaller than 3 LATCHFORD LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 LATCHFORD LANE: Plot and Title Map

3 LATCHFORD LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 LATCHFORD 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 3 LATCHFORD 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 3 LATCHFORD LANE?

3 LATCHFORD LANE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 3 on LATCHFORD LANE.