REDROCK, LOWER ROAD, HARMER HILL, SHREWSBURY, SY4 3ED - £455,000

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

REDROCK is a small extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £455,000 in December 2021, which was around 27% above the average December 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

REDROCK Sold Prices

Land registry data shows two sales for REDROCK 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. One of the two REDROCK sales was for above the average price, whilst the other was 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 17 DEC	£455,000	£358,369	27% above HPI
1996 19 SEP	£82,500	£85,447	3% below HPI

REDROCK 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 REDROCK sales from September 1996 and December 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 1996 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is REDROCK?

REDROCK is 146m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% 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 REDROCK lies on this distribution: 35% of detached houses are smaller than REDROCK, and 65% of houses are larger. Note that EPC data is not available for all properties in Harmer Hill.

REDROCK: Plot and Title Map

REDROCK sits on a plot of roughly 0.604 of an acre, or 2,442m². The below map shows the location of REDROCK, 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 REDROCK). 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 REDROCK?

REDROCK is located on LOWER ROAD in HARMER HILL, in the SY4 postcode district. The below map shows the position of REDROCK on LOWER ROAD.