7, REYNAULDS CLOSE, SHREWSBURY, SY2 5YT - £400,000

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

7 REYNAULDS CLOSE is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £400,000 in May 2024, which was around 2% above the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

7 REYNAULDS CLOSE Sold Prices

Land registry data shows five sales for 7 REYNAULDS CLOSE since 1^st 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. Most of the five 7 REYNAULDS 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
2024 10 MAY	£400,000	£393,383	2% above HPI
2019 30 APR	£3,897	£308,981	99% below HPI
2002 25 JUN	£135,000	£154,208	12% below HPI
1999 8 DEC	£95,000	£107,820	12% below HPI
1996 6 JUN	£73,500	£82,169	11% below HPI

7 REYNAULDS 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 five 7 REYNAULDS CLOSE sales between June 1996 and May 2024 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 April 2019 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the May 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 7 REYNAULDS CLOSE?

7 REYNAULDS CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 REYNAULDS CLOSE lies on this distribution: 65% of detached houses are smaller than 7 REYNAULDS CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

7 REYNAULDS CLOSE: Plot and Title Map

7 REYNAULDS CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 7 REYNAULDS 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 REYNAULDS 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 7 REYNAULDS CLOSE?

7 REYNAULDS CLOSE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 7 on REYNAULDS CLOSE.