ILEX HOUSE, BEECHWOOD DRIVE, SHREWSBURY, SY1 2RF - £350,000

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

ILEX HOUSE is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £350,000 in July 2016, which was around 24% above the average July 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

ILEX HOUSE Sold Prices

Land registry data shows three sales for ILEX HOUSE 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 ILEX HOUSE 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
2016 29 JUL	£350,000	£281,790	24% above HPI
2000 25 APR	£144,000	£110,645	30% above HPI
1998 24 AUG	£120,000	£99,152	21% above HPI

ILEX HOUSE 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 ILEX HOUSE sales between August 1998 and July 2016 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 April 2000 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is ILEX HOUSE?

ILEX HOUSE is 145m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where ILEX HOUSE lies on this distribution: 77% of detached houses are smaller than ILEX HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

ILEX HOUSE: Plot and Title Map

ILEX HOUSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of ILEX HOUSE, 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 ILEX HOUSE). 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 ILEX HOUSE?

ILEX HOUSE is located on BEECHWOOD DRIVE in SHREWSBURY, in the SY1 postcode district. The below map shows the position of ILEX HOUSE on BEECHWOOD DRIVE.