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 MAPLE CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £245,000 in July 2023, which was around 37% below the average July 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 8 MAPLE CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 8 MAPLE 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 28 JUL | £245,000 | £388,653 | 37% below HPI |
2018 26 NOV | £199,950 | £308,838 | 35% below HPI |
2016 22 JUL | £189,950 | £281,790 | 33% below HPI |
2014 14 AUG | £181,000 | £261,929 | 31% below HPI |
2007 25 MAY | £192,000 | £261,027 | 26% below HPI |
2004 28 OCT | £163,500 | £239,044 | 32% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The six 8 MAPLE CLOSE sales between October 2004 and July 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 November 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
8 MAPLE CLOSE is 69m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 8 MAPLE CLOSE lies on this distribution: 6% of detached houses are smaller than 8 MAPLE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shifnal.
8 MAPLE CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 8 MAPLE 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 MAPLE 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.
8 MAPLE CLOSE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 8 on MAPLE CLOSE.