7, TIPTON CLOSE, SHREWSBURY, SY2 6GP - £271,700

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 TIPTON CLOSE is a very small detached house of 89m², built in 2023, which could now be worth an estimated £289,782. It was last sold for £271,700 in May 2023, which was around 31% below the average May 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

7 TIPTON CLOSE Sold Prices

Land registry data shows two sales for 7 TIPTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 7 TIPTON 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
2023 26 MAY	£271,700	£391,247	31% below HPI
2023 25 MAY	£280,000	£391,247	28% below HPI

7 TIPTON 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 two 7 TIPTON CLOSE sales from May 2023 and May 2023 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 2023 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 TIPTON CLOSE be worth now?

7 TIPTON CLOSE might now be worth an estimated £289,782.

This is based on house price inflation of 6.7%, between May 2023 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 7 TIPTON CLOSE of £271,700 on 26th May 2023. For the value to have increased from £271,700 to £289,782 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 7 TIPTON CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2023 sale price of £271,700 represented a fair market value for the property.
• The size, condition, and specification of 7 TIPTON CLOSE has not materially changed since May 2023.

How Large is 7 TIPTON CLOSE?

7 TIPTON CLOSE is 89m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 7 TIPTON CLOSE lies on this distribution: 18% of detached houses houses are smaller than 7 TIPTON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

7 TIPTON CLOSE: Plot and Title Map

7 TIPTON CLOSE sits on a plot of roughly 7.4 acres, or 29,839m². The below map shows the location of 7 TIPTON 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 TIPTON 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 TIPTON CLOSE?

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