40A, PRIORY RIDGE, SHREWSBURY, SY3 9EQ - £280,000

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

40A PRIORY RIDGE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £280,000 in December 2017, which was around 6% below the average December 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

40A PRIORY RIDGE Sold Prices

Land registry data shows three sales for 40A PRIORY RIDGE 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. One of the three 40A PRIORY RIDGE sales was for below the average price, whilst two were for above 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
2017 12 DEC	£280,000	£298,013	6% below HPI
2015 30 APR	£299,999	£263,980	14% above HPI
2009 28 AUG	£249,950	£245,257	2% above HPI

40A PRIORY RIDGE 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 40A PRIORY RIDGE sales between August 2009 and December 2017 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 April 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 40A PRIORY RIDGE?

40A PRIORY RIDGE is 115m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 40A PRIORY RIDGE lies on this distribution: 51% of detached houses are smaller than 40A PRIORY RIDGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

40A PRIORY RIDGE: Plot and Title Map

40A PRIORY RIDGE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 40A PRIORY RIDGE, 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 40A PRIORY RIDGE). 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 40A PRIORY RIDGE?

40A PRIORY RIDGE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 40A on PRIORY RIDGE.