BOUNDARY LODGE, RACECOURSE LANE, BICTON HEATH, SHREWSBURY, SY3 5BJ - £430,000

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

BOUNDARY LODGE is a very large extended detached house of 191m², built sometime between 1967 and 1975. It was last sold for £430,000 in November 2020, which was around 29% above the average November 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

BOUNDARY LODGE Sold Prices

Land registry data shows two sales for BOUNDARY LODGE 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 BOUNDARY LODGE 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
2020 2 NOV	£430,000	£334,415	29% above HPI
2018 28 SEP	£385,000	£311,224	24% above HPI

BOUNDARY LODGE 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 BOUNDARY LODGE sales from September 2018 and November 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 September 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is BOUNDARY LODGE?

BOUNDARY LODGE is 191m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where BOUNDARY LODGE lies on this distribution: 93% of detached houses are smaller than BOUNDARY LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

BOUNDARY LODGE: Plot and Title Map

BOUNDARY LODGE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of BOUNDARY LODGE, 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 BOUNDARY LODGE). 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 BOUNDARY LODGE?

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