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
7 BISHOPS CLOSE is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £180,000 in August 2014, which was around 31% below the average August 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 BISHOPS CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 7 BISHOPS 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 |
---|---|---|---|
2014 4 AUG | £180,000 | £261,929 | 31% below HPI |
2007 28 SEP | £177,000 | £283,302 | 38% below HPI |
2003 19 FEB | £119,000 | £182,992 | 35% below HPI |
1999 20 AUG | £68,000 | £107,795 | 37% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 7 BISHOPS CLOSE sales between August 1999 and August 2014 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 September 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
7 BISHOPS CLOSE is 79m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in West Felton, based on EPC data. The below chart shows the distribution of detached houses by size in West Felton, and where 7 BISHOPS CLOSE lies on this distribution: 14% of detached houses are smaller than 7 BISHOPS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in West Felton.
7 BISHOPS CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 7 BISHOPS 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 7 BISHOPS 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.
7 BISHOPS CLOSE is located in WEST FELTON, in the SY11 postcode district. The below map shows the position of No. 7 on BISHOPS CLOSE.