5, FARFIELD CLOSE, SHREWSBURY, SY3 5LD - £262,500

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

5 FARFIELD CLOSE is a very small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £262,500 in September 2020, which was around 19% below the average September 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

5 FARFIELD CLOSE Sold Prices

Land registry data shows two sales for 5 FARFIELD CLOSE 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 5 FARFIELD CLOSE 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
2020 18 SEP	£262,500	£325,117	19% below HPI
1996 24 MAY	£71,500	£81,974	13% below HPI

5 FARFIELD CLOSE 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 5 FARFIELD CLOSE sales from May 1996 and September 2020 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 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 FARFIELD CLOSE?

5 FARFIELD CLOSE is 84m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 5 FARFIELD CLOSE lies on this distribution: 14% of detached houses are smaller than 5 FARFIELD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 FARFIELD CLOSE: Plot and Title Map

5 FARFIELD CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 5 FARFIELD CLOSE, 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 5 FARFIELD CLOSE). 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 5 FARFIELD CLOSE?

5 FARFIELD CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 5 on FARFIELD CLOSE.