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
5 HIGHER ROAD is a very small detached house of 108m², built sometime before 1900. It was last sold for £347,500 in February 2014, which was around 38% above the average February 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows three sales for 5 HIGHER ROAD since 1st 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 5 HIGHER ROAD 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 4 FEB | £347,500 | £252,135 | 38% above HPI |
2006 30 JUN | £350,000 | £254,316 | 38% above HPI |
1998 23 OCT | £150,000 | £100,475 | 49% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 5 HIGHER ROAD sales between October 1998 and February 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 June 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2014 sale, which was also at 38% above the HPI.
5 HIGHER ROAD is 108m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Harmer Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Harmer Hill, and where 5 HIGHER ROAD lies on this distribution: 17% of detached houses are smaller than 5 HIGHER ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Harmer Hill.
5 HIGHER ROAD sits on a plot of roughly 1.8 acres, or 7,481m². The below map shows the location of 5 HIGHER ROAD, 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 HIGHER ROAD). 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.
5 HIGHER ROAD is located in HARMER HILL, in the SY4 postcode district. The below map shows the position of No. 5 on HIGHER ROAD.