31, ERDINGTON CLOSE, SHAWBURY, SHREWSBURY, SY4 4DQ - £267,500

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.

31 ERDINGTON CLOSE is a small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £316,089. It was last sold for £267,500 in July 2021, which was around 24% below the average July 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

31 ERDINGTON CLOSE Sold Prices

Land registry data shows four sales for 31 ERDINGTON CLOSE 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 31 ERDINGTON 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
2021 21 JUL	£267,500	£353,140	24% below HPI
2018 31 MAY	£265,000	£304,979	13% below HPI
2011 19 JUL	£239,995	£254,729	6% below HPI
2007 28 SEP	£218,995	£291,215	25% below HPI

31 ERDINGTON 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 four 31 ERDINGTON CLOSE sales between September 2007 and July 2021 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 May 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 31 ERDINGTON CLOSE be worth now?

31 ERDINGTON CLOSE might now be worth an estimated £316,089.

This is based on house price inflation of 18.2%, between July 2021 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 18.2% inflationary increase is applied to the most recent sale price for 31 ERDINGTON CLOSE of £267,500 on 21st July 2021. For the value to have increased from £267,500 to £316,089 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 31 ERDINGTON CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2021 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 31 ERDINGTON CLOSE has not materially changed since July 2021.

How Large is 31 ERDINGTON CLOSE?

31 ERDINGTON CLOSE is 81m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses houses in Shawbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shawbury, and where 31 ERDINGTON CLOSE lies on this distribution: 23% of detached houses houses are smaller than 31 ERDINGTON CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Shawbury.

31 ERDINGTON CLOSE: Plot and Title Map

31 ERDINGTON CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 31 ERDINGTON 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 31 ERDINGTON 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 31 ERDINGTON CLOSE?

31 ERDINGTON CLOSE is located in SHAWBURY, in the SY4 postcode district. The below map shows the position of No. 31 on ERDINGTON CLOSE.