LUIBEG, STANLEY LANE, SHREWSBURY, SY3 9DR - £430,000

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.

LUIBEG is a midsized detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £599,754. It was last sold for £430,000 in December 2016, which was around 44% above the average December 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

LUIBEG Sold Prices

Land registry data shows two sales for LUIBEG since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two LUIBEG 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 19 DEC	£430,000	£299,177	44% above HPI
2013 17 DEC	£300,000	£258,986	16% above HPI

LUIBEG 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 two LUIBEG sales from December 2013 and December 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 December 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2016 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might LUIBEG be worth now?

LUIBEG might now be worth an estimated £599,754.

This is based on house price inflation of 39.5%, between December 2016 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 39.5% inflationary increase is applied to the most recent sale price for LUIBEG of £430,000 on 19th December 2016. For the value to have increased from £430,000 to £599,754 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of LUIBEG has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2016 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of LUIBEG has not materially changed since December 2016.

How Large is LUIBEG?

LUIBEG is 117m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where LUIBEG lies on this distribution: 52% of detached houses houses are smaller than LUIBEG, and 47% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

LUIBEG: Plot and Title Map

LUIBEG sits on a plot of roughly 0.446 of an acre, or 1,806m². The below map shows the location of LUIBEG, 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 LUIBEG). 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 LUIBEG?

LUIBEG is located on STANLEY LANE in SHREWSBURY, in the SY3 postcode district. The below map shows the position of LUIBEG on STANLEY LANE.