6, LINGEN CLOSE, SHREWSBURY, SY1 2UN - £250,000

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

6 LINGEN CLOSE is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £250,000 in May 2022, which was around 33% below the average May 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

6 LINGEN CLOSE Sold Prices

Land registry data shows six sales for 6 LINGEN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 6 LINGEN CLOSE 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
2022 12 MAY	£250,000	£370,436	33% below HPI
2018 8 FEB	£175,000	£299,639	42% below HPI
2015 9 APR	£179,000	£263,980	32% below HPI
2007 23 MAR	£151,500	£256,687	41% below HPI
2006 31 MAR	£170,000	£243,607	30% below HPI
1997 5 SEP	£59,000	£93,869	37% below HPI

6 LINGEN CLOSE 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 six 6 LINGEN CLOSE sales between September 1997 and May 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 February 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 6 LINGEN CLOSE?

6 LINGEN CLOSE is 62m² according to the EPC inspection conducted in August 2014. 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 6 LINGEN CLOSE lies on this distribution: 3% of detached houses are smaller than 6 LINGEN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

6 LINGEN CLOSE: Plot and Title Map

6 LINGEN CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 6 LINGEN CLOSE, 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 LINGEN CLOSE). 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 LINGEN CLOSE?

6 LINGEN CLOSE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 6 on LINGEN CLOSE.