ERRIFF, SHEPHERDS LANE, BICTON, SHREWSBURY, SY3 8BT - £395,000

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

ERRIFF is a large detached house of 144m², built sometime between 1930 and 1949. It was last sold for £395,000 in July 2015, which was around 46% above the average July 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

ERRIFF Sold Prices

Land registry data shows two sales for ERRIFF 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 ERRIFF 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
2015 17 JUL	£395,000	£270,117	46% above HPI
2002 4 MAR	£245,000	£143,217	71% above HPI

ERRIFF 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 ERRIFF sales from March 2002 and July 2015 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 March 2002 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the July 2015 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is ERRIFF?

ERRIFF is 144m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses in Bicton, based on EPC data. The below chart shows the distribution of detached houses by size in Bicton, and where ERRIFF lies on this distribution: 64% of detached houses are smaller than ERRIFF, and 35% of houses are larger. Note that EPC data is not available for all properties in Bicton.

ERRIFF: Plot and Title Map

ERRIFF sits on a plot of roughly 0.779 of an acre, or 3,151m². The below map shows the location of ERRIFF, 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 ERRIFF). 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 ERRIFF?

ERRIFF is located on SHEPHERDS LANE in BICTON, in the SY3 postcode district. The below map shows the position of ERRIFF on SHEPHERDS LANE.