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
50 THE SHIRES is a very small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £245,000 in August 2013, which was around 15% above the average August 2013 detached price in the Newport local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 50 THE SHIRES since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Most of the five 50 THE SHIRES 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 |
---|---|---|---|
2013 16 AUG | £245,000 | £213,875 | 15% above HPI |
2006 2 AUG | £227,000 | £240,780 | 6% below HPI |
2002 5 AUG | £134,000 | £141,338 | 5% below HPI |
2000 10 JAN | £115,000 | £104,872 | 10% above HPI |
1996 26 APR | £89,950 | £81,159 | 11% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The five 50 THE SHIRES sales between April 1996 and August 2013 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2013 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
50 THE SHIRES is 103m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses by size in Marshfield, and where 50 THE SHIRES lies on this distribution: 18% of detached houses are smaller than 50 THE SHIRES, and 81% of houses are larger. Note that EPC data is not available for all properties in Marshfield.
50 THE SHIRES sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 50 THE SHIRES, 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 50 THE SHIRES). 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.
50 THE SHIRES is located in MARSHFIELD, in the CF3 postcode district. The below map shows the position of No. 50 on THE SHIRES.