3, STATION ROAD, MUCH WENLOCK, TF13 6JE - £395,000

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 STATION ROAD is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £395,000 in September 2022, which was around 1% above the average September 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

3 STATION ROAD Sold Prices

Land registry data shows three sales for 3 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Two of the three 3 STATION ROAD sales were for above the average price, whilst one was 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
2022 30 SEP	£395,000	£389,450	1% above HPI
2021 25 JAN	£325,000	£335,354	3% below HPI
2005 11 OCT	£258,500	£247,578	4% above HPI

3 STATION ROAD 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 three 3 STATION ROAD sales between October 2005 and September 2022 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 January 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 STATION ROAD?

3 STATION ROAD is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Much Wenlock, based on EPC data. The below chart shows the distribution of detached houses by size in Much Wenlock, and where 3 STATION ROAD lies on this distribution: 21% of detached houses are smaller than 3 STATION ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Much Wenlock.

3 STATION ROAD: Plot and Title Map

3 STATION ROAD sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 3 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

3 STATION ROAD is located in MUCH WENLOCK, in the TF13 postcode district. The below map shows the position of No. 3 on STATION ROAD.