5, LATCHFORD LANE, SHREWSBURY, SY1 4YG - £185,000

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

5 LATCHFORD LANE is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £185,000 in May 2004, which was around 14% below the average May 2004 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

5 LATCHFORD LANE Sold Prices

Land registry data shows two sales for 5 LATCHFORD LANE 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 LATCHFORD LANE 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
2004 21 MAY	£185,000	£214,672	14% below HPI
2000 31 MAR	£90,000	£108,971	17% below HPI

5 LATCHFORD LANE 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 LATCHFORD LANE sales from March 2000 and May 2004 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 March 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2004 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 LATCHFORD LANE?

5 LATCHFORD LANE is 72m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 LATCHFORD LANE lies on this distribution: 6% of detached houses are smaller than 5 LATCHFORD LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 LATCHFORD LANE: Plot and Title Map

5 LATCHFORD LANE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 5 LATCHFORD LANE, 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 LATCHFORD LANE). 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 LATCHFORD LANE?

5 LATCHFORD LANE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 5 on LATCHFORD LANE.