ELM HAYES, LYNEAL, ELLESMERE, SY12 0LG - £385,000

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

ELM HAYES is a very small detached house of 112m², built sometime between 1976 and 1982. It was last sold for £385,000 in October 2023, which was around 2% below the average October 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

ELM HAYES Sold Prices

Land registry data shows six sales for ELM HAYES since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the six ELM HAYES sales were for below 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 20 OCT	£385,000	£392,608	2% below HPI
2021 19 JAN	£326,000	£335,354	3% below HPI
2015 11 DEC	£225,000	£277,669	19% below HPI
2007 6 JUL	£245,500	£269,695	9% below HPI
2006 1 JUN	£215,000	£254,316	15% below HPI
2001 7 DEC	£152,500	£142,387	7% above HPI

ELM HAYES 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 six ELM HAYES sales between December 2001 and October 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 January 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is ELM HAYES?

ELM HAYES is 112m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Lyneal, based on EPC data. The below chart shows the distribution of detached houses by size in Lyneal, and where ELM HAYES lies on this distribution: 19% of detached houses are smaller than ELM HAYES, and 81% of houses are larger. Note that EPC data is not available for all properties in Lyneal.

ELM HAYES: Plot and Title Map

ELM HAYES sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of ELM HAYES, 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 HAYES). 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 HAYES?

ELM HAYES is located in LYNEAL, in the SY12 postcode district. The below map shows the position of ELM HAYES in LYNEAL.