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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LINDEN LEA is a very small extended detached house of 87m², built sometime before 1900, which could now be worth an estimated £306,429. It was last sold for £260,000 in September 2021, which was around 27% 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	£354,059	27% below HPI
2003 15 SEP	£148,450	£205,914	28% below HPI
1998 16 OCT	£75,000	£103,281	27% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might LINDEN LEA be worth now?

LINDEN LEA might now be worth an estimated £306,429.

This is based on house price inflation of 17.9%, between September 2021 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for LINDEN LEA of £260,000 on 2nd September 2021. For the value to have increased from £260,000 to £306,429 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of LINDEN LEA has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of LINDEN LEA has not materially changed since September 2021.

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 houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hanwood, and where LINDEN LEA lies on this distribution: 18% of detached houses 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.