4, GREENACRE ROAD, SHREWSBURY, SY3 8LR - £325,000

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

4 GREENACRE ROAD is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £325,000 in December 2022, which was around 18% below the average December 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

4 GREENACRE ROAD Sold Prices

Land registry data shows three sales for 4 GREENACRE 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. All of the three 4 GREENACRE ROAD 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 15 DEC	£325,000	£396,573	18% below HPI
1998 6 JUL	£75,000	£96,426	22% below HPI
1997 13 JUN	£69,000	£89,649	23% below HPI

4 GREENACRE 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 4 GREENACRE ROAD sales between June 1997 and December 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 July 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 GREENACRE ROAD?

4 GREENACRE ROAD is 75m² according to the EPC inspection conducted in August 2022. 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 GREENACRE ROAD lies on this distribution: 7% of detached houses are smaller than 4 GREENACRE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 GREENACRE ROAD: Plot and Title Map

4 GREENACRE ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 4 GREENACRE 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 4 GREENACRE 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 4 GREENACRE ROAD?

4 GREENACRE ROAD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 4 on GREENACRE ROAD.