44, PARK LANE, SHIFNAL, TF11 9HD - £490,000

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

44 PARK LANE is a very large extended detached house of 205m², built sometime between 1930 and 1949. It was last sold for £490,000 in April 2014, which was around 92% above the average April 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

44 PARK LANE Sold Prices

Land registry data shows two sales for 44 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 44 PARK LANE sales 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
2014 30 APR	£490,000	£255,783	92% above HPI
2003 14 MAY	£415,000	£190,520	118% above HPI

44 PARK LANE 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 two 44 PARK LANE sales from May 2003 and April 2014 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 May 2003 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the April 2014 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is 44 PARK LANE?

44 PARK LANE is 205m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 44 PARK LANE lies on this distribution: 98% of detached houses are smaller than 44 PARK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

44 PARK LANE: Plot and Title Map

44 PARK LANE sits on a plot of roughly 0.429 of an acre, or 1,736m². The below map shows the location of 44 PARK LANE, 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 44 PARK LANE). 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 44 PARK LANE?

44 PARK LANE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 44 on PARK LANE.