8, COLLEY CLOSE, SHREWSBURY, SY2 5YN - £310,000

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 COLLEY CLOSE is a small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £310,000 in August 2023, which was around 21% below the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

8 COLLEY CLOSE Sold Prices

Land registry data shows two sales for 8 COLLEY 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 8 COLLEY 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 4 AUG	£310,000	£390,702	21% below HPI
2015 21 DEC	£215,000	£277,669	23% below HPI

8 COLLEY 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 8 COLLEY CLOSE sales from December 2015 and August 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 December 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 COLLEY CLOSE?

8 COLLEY CLOSE is 93m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 8 COLLEY CLOSE lies on this distribution: 23% of detached houses are smaller than 8 COLLEY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

8 COLLEY CLOSE: Plot and Title Map

8 COLLEY CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 COLLEY 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 8 COLLEY 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 8 COLLEY CLOSE?

8 COLLEY CLOSE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 8 on COLLEY CLOSE.