8, CORNER LANE, BICTON HEATH, SHREWSBURY, SY3 5BZ - £215,000

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

8 CORNER LANE is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £215,000 in March 2014, which was around 16% below the average March 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

8 CORNER LANE Sold Prices

Land registry data shows two sales for 8 CORNER LANE 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 CORNER LANE 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
2014 24 MAR	£215,000	£254,957	16% below HPI
2004 3 SEP	£172,000	£239,150	28% below HPI

8 CORNER LANE 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 CORNER LANE sales from September 2004 and March 2014 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 CORNER LANE?

8 CORNER LANE is 94m² according to the EPC inspection conducted in December 2013. 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 CORNER LANE lies on this distribution: 24% of detached houses are smaller than 8 CORNER LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

8 CORNER LANE: Plot and Title Map

8 CORNER LANE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 8 CORNER LANE, 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 CORNER LANE). 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 CORNER LANE?

8 CORNER LANE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 8 on CORNER LANE.