MEADOW SWEET, POST OFFICE LANE, HANWOOD, SHREWSBURY, SY5 8LR - £322,000

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

MEADOW SWEET is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £322,000 in September 2021, which was around 7% below the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was A.

MEADOW SWEET Sold Prices

Land registry data shows two sales for MEADOW SWEET 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 MEADOW SWEET 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 28 SEP	£322,000	£344,438	7% below HPI
1997 5 SEP	£72,500	£93,869	23% below HPI

MEADOW SWEET 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 MEADOW SWEET sales from September 1997 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 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is MEADOW SWEET?

MEADOW SWEET is 129m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hanwood, and where MEADOW SWEET lies on this distribution: 54% of detached houses are smaller than MEADOW SWEET, and 42% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

MEADOW SWEET: Plot and Title Map

MEADOW SWEET sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of MEADOW SWEET, 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 MEADOW SWEET). 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 MEADOW SWEET?

MEADOW SWEET is located on POST OFFICE LANE in HANWOOD, in the SY5 postcode district. The below map shows the position of MEADOW SWEET on POST OFFICE LANE.