3, REDFIELD, SHREWSBURY, SY1 3XP - £220,000

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 REDFIELD is a very small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £348,260. It was last sold for £220,000 in August 2013, which was around 17% below the average August 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

3 REDFIELD Sold Prices

Land registry data shows two sales for 3 REDFIELD 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 REDFIELD 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 30 AUG	£220,000	£263,604	17% below HPI
2006 4 OCT	£225,000	£270,799	17% below HPI

3 REDFIELD 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 REDFIELD sales from October 2006 and August 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 October 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2013 sale, which was also at 17% below the HPI.

What might 3 REDFIELD be worth now?

3 REDFIELD might now be worth an estimated £348,260.

This is based on house price inflation of 58.3%, between August 2013 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 58.3% inflationary increase is applied to the most recent sale price for 3 REDFIELD of £220,000 on 30th August 2013. For the value to have increased from £220,000 to £348,260 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 3 REDFIELD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2013 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDFIELD has not materially changed since August 2013.

How Large is 3 REDFIELD?

3 REDFIELD is 87m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 3 REDFIELD lies on this distribution: 16% of detached houses houses are smaller than 3 REDFIELD, and 83% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 REDFIELD: Plot and Title Map

3 REDFIELD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 REDFIELD, 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 REDFIELD). 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 REDFIELD?

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