4, ERDINGTON CLOSE, SHAWBURY, SHREWSBURY, SY4 4DQ - £311,500

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.

4 ERDINGTON CLOSE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £324,694. It was last sold for £311,500 in September 2022, which was around 22% below the average September 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

4 ERDINGTON CLOSE Sold Prices

Land registry data shows four sales for 4 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. Most of the four 4 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
2022 13 SEP	£311,500	£400,328	22% below HPI
2003 17 JAN	£190,000	£187,059	2% above HPI
2000 1 AUG	£112,000	£127,405	12% below HPI
1998 22 APR	£92,995	£95,575	3% below HPI

4 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 4 ERDINGTON CLOSE sales between April 1998 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 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 ERDINGTON CLOSE be worth now?

4 ERDINGTON CLOSE might now be worth an estimated £324,694.

This is based on house price inflation of 4.2%, between September 2022 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 4.2% inflationary increase is applied to the most recent sale price for 4 ERDINGTON CLOSE of £311,500 on 13th September 2022. For the value to have increased from £311,500 to £324,694 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 ERDINGTON CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2022 sale price of £311,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ERDINGTON CLOSE has not materially changed since September 2022.

How Large is 4 ERDINGTON CLOSE?

4 ERDINGTON CLOSE is 116m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 4 ERDINGTON CLOSE lies on this distribution: 56% of detached houses houses are smaller than 4 ERDINGTON CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Shawbury.

4 ERDINGTON CLOSE: Plot and Title Map

4 ERDINGTON CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 4 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 4 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 4 ERDINGTON CLOSE?

4 ERDINGTON CLOSE is located in SHAWBURY, in the SY4 postcode district. The below map shows the position of No. 4 on ERDINGTON CLOSE.