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 PAXTON PLACE is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £219,000 in January 2008, which was around 19% below the average January 2008 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 PAXTON PLACE since 1st 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 PAXTON 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 |
---|---|---|---|
2008 14 JAN | £219,000 | £269,849 | 19% below HPI |
2005 25 JUL | £197,500 | £235,354 | 16% below HPI |
1997 16 MAY | £71,950 | £88,452 | 19% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 8 PAXTON PLACE sales between May 1997 and January 2008 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 July 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2008 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
8 PAXTON PLACE is 85m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% 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 PAXTON PLACE lies on this distribution: 15% of detached houses are smaller than 8 PAXTON PLACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
8 PAXTON PLACE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 8 PAXTON 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 PAXTON 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.
8 PAXTON PLACE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 8 on PAXTON PLACE.