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 FAIRLAWN GARDENS is a very large detached house of 175m², built sometime between 1996 and 2002. It was last sold for £550,000 in August 2022, which was around 43% above the average August 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 7 FAIRLAWN GARDENS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 7 FAIRLAWN GARDENS 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 25 AUG | £550,000 | £384,303 | 43% above HPI |
2010 14 MAY | £360,000 | £255,730 | 41% above HPI |
2001 7 DEC | £210,000 | £142,387 | 47% above HPI |
1999 8 OCT | £155,000 | £109,332 | 42% above HPI |
1995 13 JAN | £143,600 | £79,668 | 80% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The five 7 FAIRLAWN GARDENS sales between January 1995 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 May 2010 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.
7 FAIRLAWN GARDENS is 175m² according to the EPC inspection conducted in January 2022. 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 7 FAIRLAWN GARDENS lies on this distribution: 90% of detached houses are smaller than 7 FAIRLAWN GARDENS, and 10% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
7 FAIRLAWN GARDENS sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 7 FAIRLAWN GARDENS, 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 FAIRLAWN GARDENS). 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 FAIRLAWN GARDENS is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 7 on FAIRLAWN GARDENS.