CHARNWOOD, UPTON MAGNA, SHREWSBURY, SY4 4TZ - £720,000

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

CHARNWOOD is a very large extended detached house of 285m², built sometime between 1983 and 1990. It was last sold for £720,000 in August 2023, which was around 84% above the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

CHARNWOOD Sold Prices

Land registry data shows two sales for CHARNWOOD 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 CHARNWOOD 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
2023 18 AUG	£720,000	£390,702	84% above HPI
2006 2 JUN	£370,000	£254,316	45% above HPI

CHARNWOOD 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 CHARNWOOD sales from June 2006 and August 2023 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 June 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2023 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is CHARNWOOD?

CHARNWOOD is 285m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Upton Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Upton Magna, and where CHARNWOOD lies on this distribution: 96% of detached houses are smaller than CHARNWOOD, and 4% of houses are larger. Note that EPC data is not available for all properties in Upton Magna.

CHARNWOOD: Plot and Title Map

CHARNWOOD sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of CHARNWOOD, 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 CHARNWOOD). 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 CHARNWOOD?

CHARNWOOD is located in UPTON MAGNA, in the SY4 postcode district. The below map shows the position of CHARNWOOD in UPTON MAGNA.