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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LUIBEG is a midsized detached house of 117m², built sometime between 1950 and 1966. It was last sold for £430,000 in December 2016, which was around 48% 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	£291,047	48% above HPI
2013 17 DEC	£300,000	£251,948	19% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2016 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

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 in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where LUIBEG lies on this distribution: 52% of detached 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.