BEVERLEY, RACECOURSE LANE, BICTON HEATH, SHREWSBURY, SY3 5BJ - £365,000

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.

BEVERLEY is a very large extended detached house of 158m², built sometime between 1983 and 1990, which could now be worth an estimated £548,541. It was last sold for £365,000 in July 2015, which was around 31% above the average July 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

BEVERLEY Sold Prices

Land registry data shows two sales for BEVERLEY 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 BEVERLEY 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
2015 31 JUL	£365,000	£277,662	31% above HPI
1997 29 DEC	£140,000	£96,932	44% above HPI

BEVERLEY 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 BEVERLEY sales from December 1997 and July 2015 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 December 1997 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2015 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might BEVERLEY be worth now?

BEVERLEY might now be worth an estimated £548,541.

This is based on house price inflation of 50.3%, between July 2015 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 50.3% inflationary increase is applied to the most recent sale price for BEVERLEY of £365,000 on 31st July 2015. For the value to have increased from £365,000 to £548,541 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of BEVERLEY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of BEVERLEY has not materially changed since July 2015.

How Large is BEVERLEY?

BEVERLEY is 158m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% 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 BEVERLEY lies on this distribution: 84% of detached houses houses are smaller than BEVERLEY, and 15% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

BEVERLEY: Plot and Title Map

BEVERLEY sits on a plot of roughly 0.264 of an acre, or 1,067m². The below map shows the location of BEVERLEY, 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 BEVERLEY). 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 BEVERLEY?

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