DEANS COTTAGE, RACECOURSE LANE, BICTON HEATH, SHREWSBURY, SY3 5BJ - £400,000

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.

DEANS COTTAGE is a large extended detached house of 130m², built sometime before 1900, which could now be worth an estimated £521,740. It was last sold for £400,000 in September 2018, which was around 25% above the average September 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

DEANS COTTAGE Sold Prices

Land registry data shows two sales for DEANS COTTAGE 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 DEANS COTTAGE 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
2018 5 SEP	£400,000	£319,918	25% above HPI
2001 9 APR	£146,500	£132,022	11% above HPI

DEANS COTTAGE 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 DEANS COTTAGE sales from April 2001 and September 2018 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 April 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might DEANS COTTAGE be worth now?

DEANS COTTAGE might now be worth an estimated £521,740.

This is based on house price inflation of 30.4%, between September 2018 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 30.4% inflationary increase is applied to the most recent sale price for DEANS COTTAGE of £400,000 on 5th September 2018. For the value to have increased from £400,000 to £521,740 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of DEANS COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of DEANS COTTAGE has not materially changed since September 2018.

How Large is DEANS COTTAGE?

DEANS COTTAGE is 130m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 DEANS COTTAGE lies on this distribution: 68% of detached houses houses are smaller than DEANS COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

DEANS COTTAGE: Plot and Title Map

DEANS COTTAGE sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of DEANS COTTAGE, 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 DEANS COTTAGE). 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 DEANS COTTAGE?

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