PINE EDGE, HARMER HILL, SHREWSBURY, SY4 3EE - £475,000

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

PINE EDGE is a midsized extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £475,000 in June 2022, which was around 28% above the average June 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was D.

PINE EDGE Sold Prices

Land registry data shows four sales for PINE EDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the four PINE EDGE 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
2022 30 JUN	£475,000	£372,461	28% above HPI
2013 31 OCT	£250,000	£256,647	3% below HPI
2001 17 AUG	£167,000	£137,742	21% above HPI
1996 10 OCT	£135,000	£86,496	56% above HPI

PINE EDGE 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 four PINE EDGE sales between October 1996 and June 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 October 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is PINE EDGE?

PINE EDGE is 162m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of detached houses in Harmer Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Harmer Hill, and where PINE EDGE lies on this distribution: 46% of detached houses are smaller than PINE EDGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Harmer Hill.

PINE EDGE: Plot and Title Map

PINE EDGE sits on a plot of roughly 0.393 of an acre, or 1,591m². The below map shows the location of PINE EDGE, 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 PINE EDGE). 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 PINE EDGE?

PINE EDGE is located in HARMER HILL, in the SY4 postcode district. The below map shows the position of PINE EDGE in HARMER HILL.