48, GAINS AVENUE, BICTON HEATH, SHREWSBURY, SY3 5AN - £225,000

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

48 GAINS AVENUE is a small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £225,000 in July 2019, which was around 27% below the average July 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

48 GAINS AVENUE Sold Prices

Land registry data shows three sales for 48 GAINS AVENUE 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 48 GAINS AVENUE 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
2019 24 JUL	£225,000	£307,300	27% below HPI
1996 22 APR	£67,000	£81,394	18% below HPI
1995 23 FEB	£75,000	£82,730	9% below HPI

48 GAINS AVENUE 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 48 GAINS AVENUE sales between February 1995 and July 2019 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 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 48 GAINS AVENUE?

48 GAINS AVENUE is 92m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 48 GAINS AVENUE lies on this distribution: 22% of detached houses are smaller than 48 GAINS AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

48 GAINS AVENUE: Plot and Title Map

48 GAINS AVENUE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 48 GAINS AVENUE, 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 48 GAINS AVENUE). 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 48 GAINS AVENUE?

48 GAINS AVENUE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 48 on GAINS AVENUE.