8, CHAPEL ROAD, HADNALL, SHREWSBURY, SY4 4EH - £235,000

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

8 CHAPEL ROAD is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £235,000 in January 2007, which was around 9% below the average January 2007 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

8 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 8 CHAPEL ROAD 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 8 CHAPEL 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
2007 26 JAN	£235,000	£259,028	9% below HPI
1998 20 FEB	£75,000	£93,580	20% below HPI

8 CHAPEL ROAD 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 8 CHAPEL ROAD sales from February 1998 and January 2007 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 February 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2007 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 8 CHAPEL ROAD?

8 CHAPEL ROAD is 82m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Hadnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hadnall, and where 8 CHAPEL ROAD lies on this distribution: 10% of detached houses are smaller than 8 CHAPEL ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Hadnall.

8 CHAPEL ROAD: Plot and Title Map

8 CHAPEL ROAD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 8 CHAPEL 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 8 CHAPEL 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.

Where is 8 CHAPEL ROAD?

8 CHAPEL ROAD is located in HADNALL, in the SY4 postcode district. The below map shows the position of No. 8 on CHAPEL ROAD.