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
4 BURNHAM AVENUE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £287,500 in April 2024, which was around 26% below the average April 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 BURNHAM AVENUE since 1st 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. All of the three 4 BURNHAM AVENUE 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 25 APR | £287,500 | £386,067 | 26% below HPI |
2017 16 FEB | £200,000 | £291,656 | 31% below HPI |
2013 12 JUL | £175,000 | £252,631 | 31% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 4 BURNHAM AVENUE sales between July 2013 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 February 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
4 BURNHAM AVENUE is 74m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 4 BURNHAM AVENUE lies on this distribution: 7% of detached houses are smaller than 4 BURNHAM AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
4 BURNHAM AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 4 BURNHAM AVENUE, 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 4 BURNHAM AVENUE). 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.
4 BURNHAM AVENUE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 4 on BURNHAM AVENUE.