REDCOT, SHEPHERDS LANE, BICTON, SHREWSBURY, SY3 8BT - £299,999

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

REDCOT is a very small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £412,467. It was last sold for £299,999 in September 2017, which was around 1% below the average September 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

REDCOT Sold Prices

Land registry data shows two sales for REDCOT 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 REDCOT 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
2017 28 SEP	£299,999	£303,503	1% below HPI
2002 16 OCT	£135,000	£174,713	23% below HPI

REDCOT 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 REDCOT sales from October 2002 and September 2017 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 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might REDCOT be worth now?

REDCOT might now be worth an estimated £412,467.

This is based on house price inflation of 37.5%, between September 2017 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.5% inflationary increase is applied to the most recent sale price for REDCOT of £299,999 on 28th September 2017. For the value to have increased from £299,999 to £412,467 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of REDCOT has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2017 sale price of £299,999 represented a fair market value for the property.
• The size, condition, and specification of REDCOT has not materially changed since September 2017.

How Large is REDCOT?

REDCOT is 90m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Bicton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicton, and where REDCOT lies on this distribution: 7% of detached houses houses are smaller than REDCOT, and 93% of houses are larger. Note that EPC data is not available for all properties in Bicton.

REDCOT: Plot and Title Map

REDCOT sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of REDCOT, 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 REDCOT). 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 REDCOT?

REDCOT is located on SHEPHERDS LANE in BICTON, in the SY3 postcode district. The below map shows the position of REDCOT on SHEPHERDS LANE.