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 RODNEY CLOSE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £235,000 in December 2020, which was around 30% below the average December 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8 RODNEY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 8 RODNEY 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 |
---|---|---|---|
2020 10 DEC | £235,000 | £335,787 | 30% below HPI |
2017 11 MAY | £225,000 | £291,056 | 23% below HPI |
1999 9 APR | £73,500 | £100,373 | 27% below HPI |
1996 19 JUL | £59,995 | £83,136 | 28% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 8 RODNEY CLOSE sales between July 1996 and December 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 May 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
8 RODNEY CLOSE is 81m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 RODNEY CLOSE lies on this distribution: 10% of detached houses are smaller than 8 RODNEY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Shifnal.
8 RODNEY CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 8 RODNEY 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 RODNEY 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 RODNEY CLOSE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 8 on RODNEY CLOSE.