6, COPES LANE, WELSHAMPTON, ELLESMERE, SY12 0PY - £320,000

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.

6 COPES LANE is a small detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £410,874. It was last sold for £320,000 in November 2019, which was around 2% below the average November 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

6 COPES LANE Sold Prices

Land registry data shows three sales for 6 COPES LANE 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. Two of the three 6 COPES LANE sales were for below the average price, whilst one was 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
2019 8 NOV	£320,000	£324,993	2% below HPI
2002 12 AUG	£178,500	£170,542	5% above HPI
2001 23 NOV	£60,000	£146,705	59% below HPI

6 COPES 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 three 6 COPES LANE sales between November 2001 and November 2019 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 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 6 COPES LANE be worth now?

6 COPES LANE might now be worth an estimated £410,874.

This is based on house price inflation of 28.4%, between November 2019 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 28.4% inflationary increase is applied to the most recent sale price for 6 COPES LANE of £320,000 on 8th November 2019. For the value to have increased from £320,000 to £410,874 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 COPES LANE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 6 COPES LANE has not materially changed since November 2019.

How Large is 6 COPES LANE?

6 COPES LANE is 131m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses houses in Welshampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welshampton, and where 6 COPES LANE lies on this distribution: 39% of detached houses houses are smaller than 6 COPES LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Welshampton.

6 COPES LANE: Plot and Title Map

6 COPES LANE sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 6 COPES 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 6 COPES 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 6 COPES LANE?

6 COPES LANE is located in WELSHAMPTON, in the SY12 postcode district. The below map shows the position of No. 6 on COPES LANE.