ELM FARM COTTAGE, WELSHPOOL ROAD, BICTON HEATH, SHREWSBURY, SY3 5AH - £455,000

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.

ELM FARM COTTAGE is a very large extended detached house of 208m², built sometime before 1900, which could now be worth an estimated £715,186. It was last sold for £455,000 in June 2010, which was around 71% above the average June 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

ELM FARM COTTAGE Sold Prices

Land registry data shows two sales for ELM FARM 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 ELM FARM 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
2010 25 JUN	£455,000	£265,476	71% above HPI
2004 25 JUN	£390,000	£225,468	73% above HPI

ELM FARM 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 ELM FARM COTTAGE sales from June 2004 and June 2010 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 2004 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the June 2010 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might ELM FARM COTTAGE be worth now?

ELM FARM COTTAGE might now be worth an estimated £715,186.

This is based on house price inflation of 57.2%, between June 2010 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 57.2% inflationary increase is applied to the most recent sale price for ELM FARM COTTAGE of £455,000 on 25th June 2010. For the value to have increased from £455,000 to £715,186 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of ELM FARM COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2010 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of ELM FARM COTTAGE has not materially changed since June 2010.

How Large is ELM FARM COTTAGE?

ELM FARM COTTAGE is 208m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% 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 ELM FARM COTTAGE lies on this distribution: 95% of detached houses houses are smaller than ELM FARM COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

ELM FARM COTTAGE: Plot and Title Map

ELM FARM COTTAGE sits on a plot of roughly 0.292 of an acre, or 1,181m². The below map shows the location of ELM FARM 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 ELM FARM 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 ELM FARM COTTAGE?

ELM FARM COTTAGE is located on WELSHPOOL ROAD in BICTON HEATH, in the SY3 postcode district. The below map shows the position of ELM FARM COTTAGE on WELSHPOOL ROAD.