LINDEN LEA, HANWOOD, SHREWSBURY, SY5 8LP - £260,000

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

LINDEN LEA is a very small extended detached house of 87m², built sometime before 1900. It was last sold for £260,000 in September 2021, which was around 25% below the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

LINDEN LEA Sold Prices

Land registry data shows three sales for LINDEN LEA 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 LINDEN LEA 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
2021 2 SEP	£260,000	£344,438	25% below HPI
2003 15 SEP	£148,450	£200,319	26% below HPI
1998 16 OCT	£75,000	£100,475	25% below HPI

LINDEN LEA 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 LINDEN LEA sales between October 1998 and September 2021 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 September 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is LINDEN LEA?

LINDEN LEA is 87m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hanwood, and where LINDEN LEA lies on this distribution: 18% of detached houses are smaller than LINDEN LEA, and 81% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

LINDEN LEA: Plot and Title Map

LINDEN LEA sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of LINDEN LEA, 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 LINDEN LEA). 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 LINDEN LEA?

LINDEN LEA is located in HANWOOD, in the SY5 postcode district. The below map shows the position of LINDEN LEA in HANWOOD.