REDGATE, TETCHILL, ELLESMERE, SY12 9AP - £298,000

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

REDGATE is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £298,000 in October 2006, which was around 13% above the average October 2006 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

REDGATE Sold Prices

Land registry data shows three sales for REDGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. The three REDGATE sales were a mix of above the average price, and roughly equal to 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
2006 11 OCT	£298,000	£263,440	13% above HPI
1999 15 OCT	£124,000	£109,332	13% above HPI
1995 11 JAN	£80,000	£79,668	Close to HPI

REDGATE 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 three REDGATE sales between January 1995 and October 2006 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 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2006 sale, which was also at 13% above the HPI.

How Large is REDGATE?

REDGATE is 122m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses in Tetchill, based on EPC data. The below chart shows the distribution of detached houses by size in Tetchill, and where REDGATE lies on this distribution: 45% of detached houses are smaller than REDGATE, and 55% of houses are larger. Note that EPC data is not available for all properties in Tetchill.

REDGATE: Plot and Title Map

REDGATE sits on a plot of roughly 0.293 of an acre, or 1,184m². The below map shows the location of REDGATE, 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 REDGATE). 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 REDGATE?

REDGATE is located in TETCHILL, in the SY12 postcode district. The below map shows the position of REDGATE in TETCHILL.