47, SOUTH HERMITAGE, SHREWSBURY, SY3 7JS - £347,500

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.

47 SOUTH HERMITAGE is a large extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £579,194. It was last sold for £347,500 in August 2011, which was around 39% above the average August 2011 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was C.

47 SOUTH HERMITAGE Sold Prices

Land registry data shows two sales for 47 SOUTH HERMITAGE 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 47 SOUTH HERMITAGE 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
2011 5 AUG	£347,500	£250,359	39% above HPI
2006 23 OCT	£320,000	£270,799	18% above HPI

47 SOUTH HERMITAGE 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 47 SOUTH HERMITAGE sales from October 2006 and August 2011 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 October 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2011 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 47 SOUTH HERMITAGE be worth now?

47 SOUTH HERMITAGE might now be worth an estimated £579,194.

This is based on house price inflation of 66.7%, between August 2011 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 66.7% inflationary increase is applied to the most recent sale price for 47 SOUTH HERMITAGE of £347,500 on 5th August 2011. For the value to have increased from £347,500 to £579,194 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 47 SOUTH HERMITAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2011 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 47 SOUTH HERMITAGE has not materially changed since August 2011.

How Large is 47 SOUTH HERMITAGE?

47 SOUTH HERMITAGE is 122m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 47 SOUTH HERMITAGE lies on this distribution: 60% of detached houses houses are smaller than 47 SOUTH HERMITAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

47 SOUTH HERMITAGE: Plot and Title Map

47 SOUTH HERMITAGE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 47 SOUTH HERMITAGE, 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 47 SOUTH HERMITAGE). 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 47 SOUTH HERMITAGE?

47 SOUTH HERMITAGE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 47 on SOUTH HERMITAGE.