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

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

FAIRWAYS is a large extended detached house of 233m², built sometime between 1996 and 2002. It was last sold for £495,000 in February 2022, which was around 35% 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	£366,461	35% above HPI
2016 4 MAR	£425,000	£283,329	50% above HPI
2000 19 OCT	£228,500	£126,228	81% above HPI
1999 26 MAR	£180,000	£100,874	78% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

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 in Sheriffhales, based on EPC data. The below chart shows the distribution of detached houses by size in Sheriffhales, and where FAIRWAYS lies on this distribution: 79% of detached 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 0.185 of an acre, or 749m². 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.