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 OLD FARM ROAD is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £230,000 in October 2016, which was around 20% below the average October 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 7 OLD FARM ROAD 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 OLD FARM ROAD 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 |
---|---|---|---|
2016 24 OCT | £230,000 | £289,250 | 20% below HPI |
2004 17 SEP | £190,000 | £239,150 | 21% below HPI |
2000 10 MAR | £60,000 | £108,971 | 45% below HPI |
1996 28 NOV | £59,000 | £86,286 | 32% below HPI |
1996 27 SEP | £43,500 | £85,447 | 49% below 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 OLD FARM ROAD sales between September 1996 and October 2016 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
7 OLD FARM ROAD is 76m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Hadnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hadnall, and where 7 OLD FARM ROAD lies on this distribution: 7% of detached houses are smaller than 7 OLD FARM ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Hadnall.
7 OLD FARM ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 7 OLD FARM ROAD, 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 OLD FARM ROAD). 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 OLD FARM ROAD is located in HADNALL, in the SY4 postcode district. The below map shows the position of No. 7 on OLD FARM ROAD.