8, LATCHFORD LANE, SHREWSBURY, SY1 4YG - £285,000

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 LATCHFORD LANE is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £285,000 in August 2017, which was around 3% below the average August 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was B.

8 LATCHFORD LANE Sold Prices

Land registry data shows three sales for 8 LATCHFORD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. One of the three 8 LATCHFORD LANE sales was for below the average price, whilst two were for above 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
2017 3 AUG	£285,000	£293,348	3% below HPI
2001 4 MAY	£146,000	£130,948	11% above HPI
2000 28 JAN	£130,000	£107,646	21% above HPI

8 LATCHFORD 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 three 8 LATCHFORD LANE sales between January 2000 and August 2017 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 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 LATCHFORD LANE?

8 LATCHFORD LANE is 128m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 8 LATCHFORD LANE lies on this distribution: 66% of detached houses are smaller than 8 LATCHFORD LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

8 LATCHFORD LANE: Plot and Title Map

8 LATCHFORD LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 8 LATCHFORD 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 LATCHFORD 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 LATCHFORD LANE?

8 LATCHFORD LANE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 8 on LATCHFORD LANE.