MARY WEBB COTTAGE, VICARAGE ROAD, SHREWSBURY, SY3 9EZ - £15,000

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

MARY WEBB COTTAGE is a very small extended property of 63m², built sometime between 1976 and 1982. It was last sold for £15,000 in January 2022, which was around 96% below the average January 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

MARY WEBB COTTAGE Sold Prices

Land registry data shows six sales for MARY WEBB COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six MARY WEBB COTTAGE 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
2022 27 JAN	£15,000	£364,898	96% below HPI
2021 11 JUN	£172,000	£341,731	50% below HPI
2015 15 JUN	£122,000	£266,341	54% below HPI
2008 23 MAY	£104,500	£267,606	61% below HPI
2000 11 AUG	£49,000	£123,943	60% below HPI
1995 28 APR	£45,000	£83,150	46% below HPI

MARY WEBB COTTAGE 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 six MARY WEBB COTTAGE sales between April 1995 and January 2022 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 June 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2022 sale, where it falls to 96% below the HPI. The line then continues to track at 96% below the HPI.

How Large is MARY WEBB COTTAGE?

MARY WEBB COTTAGE is 63m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where MARY WEBB COTTAGE lies on this distribution: 3% of detached houses are smaller than MARY WEBB COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

MARY WEBB COTTAGE: Plot and Title Map

MARY WEBB COTTAGE sits on a plot of roughly 0.012 of an acre, or 50m². The below map shows the location of MARY WEBB COTTAGE, 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 MARY WEBB COTTAGE). 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 MARY WEBB COTTAGE?

MARY WEBB COTTAGE is located on VICARAGE ROAD in SHREWSBURY, in the SY3 postcode district. The below map shows the position of MARY WEBB COTTAGE on VICARAGE ROAD.