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 THE ARMOURY is a very large extended detached house of 168m², built sometime before 1900. It was last sold for £830,000 in August 2022, which was around 116% above the average August 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 THE ARMOURY 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 THE ARMOURY 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 |
---|---|---|---|
2022 19 AUG | £830,000 | £384,303 | 116% above HPI |
2018 17 AUG | £600,000 | £310,424 | 93% above HPI |
2014 17 APR | £425,000 | £255,783 | 66% 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 THE ARMOURY sales between April 2014 and August 2022 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 August 2018 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the August 2022 sale, where it rises to 116% above the HPI. The line then continues to track at 116% above the HPI.
5 THE ARMOURY is 168m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 THE ARMOURY lies on this distribution: 88% of detached houses are smaller than 5 THE ARMOURY, and 12% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
5 THE ARMOURY sits on a plot of roughly 0.320 of an acre, or 1,296m². The below map shows the location of 5 THE ARMOURY, 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 THE ARMOURY). 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 THE ARMOURY is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 5 on THE ARMOURY.