FAIRWAYS, KETTLEMORE LANE, SHERIFFHALES, SHIFNAL, TF11 8RG - £495,000

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.

FAIRWAYS is a large extended detached house of 233m², built sometime between 1996 and 2002, which could now be worth an estimated £548,335. It was last sold for £495,000 in February 2022, which was around 31% above the average February 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows four sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four FAIRWAYS 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
2022 14 FEB	£495,000	£376,697	31% above HPI
2016 4 MAR	£425,000	£291,243	46% above HPI
2000 19 OCT	£228,500	£129,753	76% above HPI
1999 26 MAR	£180,000	£103,691	74% above HPI

FAIRWAYS 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 four FAIRWAYS sales between March 1999 and February 2022 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 2016 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2022 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £548,335.

This is based on house price inflation of 10.8%, between February 2022 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 10.8% inflationary increase is applied to the most recent sale price for FAIRWAYS of £495,000 on 14th February 2022. For the value to have increased from £495,000 to £548,335 over the three years to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since February 2022.

How Large is FAIRWAYS?

FAIRWAYS is 233m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses houses in Sheriffhales, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheriffhales, and where FAIRWAYS lies on this distribution: 79% of detached houses houses are smaller than FAIRWAYS, and 17% of houses are larger. Note that EPC data is not available for all properties in Sheriffhales.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 2,321.1 acres, or 9,392,993m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on KETTLEMORE LANE in SHERIFFHALES, in the TF11 postcode district. The below map shows the position of FAIRWAYS on KETTLEMORE LANE.