7, FARRAN GROVE, SHREWSBURY, SY1 4YB - £165,000

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

7 FARRAN GROVE is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £165,000 in September 2019, which was around 47% below the average September 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

7 FARRAN GROVE Sold Prices

Land registry data shows four sales for 7 FARRAN GROVE since 1^st 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 FARRAN GROVE 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
2019 27 SEP	£165,000	£310,575	47% below HPI
2018 2 JAN	£154,000	£297,660	48% below HPI
2001 29 AUG	£79,995	£137,742	42% below HPI
1999 26 NOV	£69,995	£108,807	36% below HPI

7 FARRAN GROVE 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 four 7 FARRAN GROVE sales between November 1999 and September 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 January 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2019 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 7 FARRAN GROVE?

7 FARRAN GROVE is 67m² according to the EPC inspection conducted in June 2019. 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 7 FARRAN GROVE lies on this distribution: 4% of detached houses are smaller than 7 FARRAN GROVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

7 FARRAN GROVE: Plot and Title Map

7 FARRAN GROVE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 7 FARRAN GROVE, 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 FARRAN GROVE). 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 7 FARRAN GROVE?

7 FARRAN GROVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 7 on FARRAN GROVE.