ALDON, RACECOURSE LANE, BICTON HEATH, SHREWSBURY, SY3 5BJ - £330,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ALDON is a small detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £366,555. It was last sold for £330,000 in April 2022, which was around 12% below the average April 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

ALDON Sold Prices

Land registry data shows two sales for ALDON 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 ALDON 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
2022 28 APR	£330,000	£374,191	12% below HPI
2017 2 AUG	£247,000	£301,542	18% below HPI

ALDON 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 ALDON sales from August 2017 and April 2022 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might ALDON be worth now?

ALDON might now be worth an estimated £366,555.

This is based on house price inflation of 11.1%, between April 2022 and December 2024, 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 11.1% inflationary increase is applied to the most recent sale price for ALDON of £330,000 on 28th April 2022. For the value to have increased from £330,000 to £366,555 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of ALDON has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of ALDON has not materially changed since April 2022.

How Large is ALDON?

ALDON is 102m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 ALDON lies on this distribution: 33% of detached houses houses are smaller than ALDON, and 66% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

ALDON: Plot and Title Map

ALDON sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of ALDON, 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 ALDON). 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 ALDON?

ALDON is located on RACECOURSE LANE in BICTON HEATH, in the SY3 postcode district. The below map shows the position of ALDON on RACECOURSE LANE.