FLAT, 1, SCHOOL BANK, PONTESBURY, SHREWSBURY, SY5 0PP - £132,500

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

FLAT is a very small extended detached house of 29m², built sometime before 1900. It was last sold for £132,500 in August 2014, which was around 49% below the average August 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

FLAT Sold Prices

Land registry data shows three sales for FLAT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three FLAT 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
2014 29 AUG	£132,500	£261,929	49% below HPI
2011 4 MAY	£130,000	£256,719	49% below HPI
1995 24 AUG	£48,000	£82,618	42% below HPI

FLAT 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 three FLAT sales between August 1995 and August 2014 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 May 2011 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2014 sale, which was also at 49% below the HPI.

How Large is FLAT?

FLAT is 29m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Pontesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Pontesbury, and where FLAT lies on this distribution: Less than 1% of detached houses are smaller than FLAT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pontesbury.

FLAT: Plot and Title Map

FLAT sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of FLAT, 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 FLAT). 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 FLAT?

FLAT, 1 SCHOOL BANK is located in PONTESBURY, in the SY5 postcode district. The below map shows the position of No. 1 on SCHOOL BANK.