8, PAINTERS PLACE, BICTON HEATH, SHREWSBURY, SY3 5PT - £210,000

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 PAINTERS PLACE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £210,000 in October 2005, which was around 15% below the average October 2005 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

8 PAINTERS PLACE Sold Prices

Land registry data shows three sales for 8 PAINTERS PLACE 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. All of the three 8 PAINTERS PLACE 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
2005 24 OCT	£210,000	£247,578	15% below HPI
2001 2 MAR	£118,000	£125,238	6% below HPI
1998 27 NOV	£85,995	£99,484	14% below HPI

8 PAINTERS PLACE 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 PAINTERS PLACE sales between November 1998 and October 2005 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 March 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2005 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 PAINTERS PLACE?

8 PAINTERS PLACE is 98m², which includes two extensions, according to the EPC inspection conducted in January 2024. 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 PAINTERS PLACE lies on this distribution: 29% of detached houses are smaller than 8 PAINTERS PLACE, and 71% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

8 PAINTERS PLACE: Plot and Title Map

8 PAINTERS PLACE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 PAINTERS PLACE, 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 PAINTERS PLACE). 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 PAINTERS PLACE?

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