8, MAYFIELD GARDENS, SHREWSBURY, SY2 6PZ - £570,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MAYFIELD GARDENS is a very large extended detached house of 182m², built sometime between 1996 and 2002, which could now be worth an estimated £739,635. It was last sold for £570,000 in February 2020, which was around 77% above the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

8 MAYFIELD GARDENS Sold Prices

Land registry data shows two sales for 8 MAYFIELD GARDENS 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 MAYFIELD GARDENS sales 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
2020 28 FEB	£570,000	£321,581	77% above HPI
2002 9 AUG	£342,500	£170,542	101% above HPI

8 MAYFIELD GARDENS 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 MAYFIELD GARDENS sales from August 2002 and February 2020 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 August 2002 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the February 2020 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 8 MAYFIELD GARDENS be worth now?

8 MAYFIELD GARDENS might now be worth an estimated £739,635.

This is based on house price inflation of 29.8%, between February 2020 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.8% inflationary increase is applied to the most recent sale price for 8 MAYFIELD GARDENS of £570,000 on 28th February 2020. For the value to have increased from £570,000 to £739,635 over the five years to February 2025, the following assumptions must hold true:

• The value of 8 MAYFIELD GARDENS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2020 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MAYFIELD GARDENS has not materially changed since February 2020.

How Large is 8 MAYFIELD GARDENS?

8 MAYFIELD GARDENS is 182m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 8 MAYFIELD GARDENS lies on this distribution: 91% of detached houses houses are smaller than 8 MAYFIELD GARDENS, and 9% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

8 MAYFIELD GARDENS: Plot and Title Map

8 MAYFIELD GARDENS sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 8 MAYFIELD GARDENS, 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 MAYFIELD GARDENS). 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 MAYFIELD GARDENS?

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