LABURNAMS, LYNEAL, ELLESMERE, SY12 0QQ - £275,000

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

LABURNAMS is a very small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £275,000 in January 2024, which was around 29% below the average January 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was A.

LABURNAMS Sold Prices

Land registry data shows four sales for LABURNAMS 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 LABURNAMS 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
2024 26 JAN	£275,000	£386,135	29% below HPI
2006 4 DEC	£245,000	£260,068	6% below HPI
2005 17 JUN	£168,245	£234,992	28% below HPI
2003 5 DEC	£143,500	£207,319	31% below HPI

LABURNAMS 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 LABURNAMS sales between December 2003 and January 2024 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 December 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is LABURNAMS?

LABURNAMS is 95m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Lyneal, based on EPC data. The below chart shows the distribution of detached houses by size in Lyneal, and where LABURNAMS lies on this distribution: 11% of detached houses are smaller than LABURNAMS, and 89% of houses are larger. Note that EPC data is not available for all properties in Lyneal.

LABURNAMS: Plot and Title Map

LABURNAMS sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of LABURNAMS, 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 LABURNAMS). 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 LABURNAMS?

LABURNAMS is located in LYNEAL, in the SY12 postcode district. The below map shows the position of LABURNAMS in LYNEAL.