NETCHWOOD, SILVERMERE PARK, SHIFNAL, TF11 9BW - £270,000

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

NETCHWOOD is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £270,000 in August 2016, which was around 6% below the average August 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

NETCHWOOD Sold Prices

Land registry data shows two sales for NETCHWOOD 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 NETCHWOOD 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
2016 19 AUG	£270,000	£287,287	6% below HPI
2013 22 AUG	£230,000	£256,441	10% below HPI

NETCHWOOD 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 NETCHWOOD sales from August 2013 and August 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 August 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is NETCHWOOD?

NETCHWOOD is 90m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where NETCHWOOD lies on this distribution: 16% of detached houses are smaller than NETCHWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

NETCHWOOD: Plot and Title Map

NETCHWOOD sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of NETCHWOOD, 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 NETCHWOOD). 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 NETCHWOOD?

NETCHWOOD is located on SILVERMERE PARK in SHIFNAL, in the TF11 postcode district. The below map shows the position of NETCHWOOD on SILVERMERE PARK.