5, HIGHER ROAD, HARMER HILL, SHREWSBURY, SY4 3HD - £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.

5 HIGHER ROAD is a very small detached house of 108m², built sometime before 1900, which could now be worth an estimated £559,486. It was last sold for £347,500 in February 2014, which was around 34% 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.

5 HIGHER ROAD Sold Prices

Land registry data shows three sales for 5 HIGHER ROAD 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 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	£259,178	34% above HPI
2006 30 JUN	£350,000	£261,420	34% above HPI
1998 23 OCT	£150,000	£103,281	45% above HPI

5 HIGHER ROAD 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 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2014 sale, which was also at 34% above the HPI.

What might 5 HIGHER ROAD be worth now?

5 HIGHER ROAD might now be worth an estimated £559,486.

This is based on house price inflation of 61%, between February 2014 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 61% inflationary increase is applied to the most recent sale price for 5 HIGHER ROAD of £347,500 on 4th February 2014. For the value to have increased from £347,500 to £559,486 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 5 HIGHER ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2014 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HIGHER ROAD has not materially changed since February 2014.

How Large is 5 HIGHER ROAD?

5 HIGHER ROAD is 108m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Harmer Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harmer Hill, and where 5 HIGHER ROAD lies on this distribution: 17% of detached houses 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: Plot and Title Map

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.

Where is 5 HIGHER ROAD?

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.