4, MARSHGATE, BICTON HEATH, SHREWSBURY, SY3 5PP - £295,000

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 MARSHGATE is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £295,000 in February 2021, which was around 13% below the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

4 MARSHGATE Sold Prices

Land registry data shows five sales for 4 MARSHGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 4 MARSHGATE 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 2 FEB	£295,000	£337,441	13% below HPI
2010 9 JUL	£250,000	£259,736	4% below HPI
2006 6 JUL	£254,995	£257,734	1% below HPI
2001 21 SEP	£138,000	£140,055	1% below HPI
1999 23 APR	£99,500	£100,373	1% below HPI

4 MARSHGATE 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 five 4 MARSHGATE sales between April 1999 and February 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 July 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 MARSHGATE?

4 MARSHGATE is 102m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% 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 MARSHGATE lies on this distribution: 33% of detached houses are smaller than 4 MARSHGATE, and 67% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

4 MARSHGATE: Plot and Title Map

4 MARSHGATE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 4 MARSHGATE, 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 MARSHGATE). 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 MARSHGATE?

4 MARSHGATE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 4 on MARSHGATE.