SPRING BANK, SANDFORD AVENUE, CHURCH STRETTON, SY6 7AA - £495,000

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

SPRING BANK is a large extended detached house of 165m², built sometime between 1991 and 1995. It was last sold for £495,000 in November 2017, which was around 67% above the average November 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

SPRING BANK Sold Prices

Land registry data shows three sales for SPRING BANK 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. All of the three SPRING BANK 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
2017 1 NOV	£495,000	£297,190	67% above HPI
2011 21 OCT	£390,000	£253,642	54% above HPI
2003 20 NOV	£295,000	£203,664	45% above HPI

SPRING BANK 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 SPRING BANK sales between November 2003 and November 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 2011 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2017 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is SPRING BANK?

SPRING BANK is 165m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Church Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Church Stretton, and where SPRING BANK lies on this distribution: 68% of detached houses are smaller than SPRING BANK, and 32% of houses are larger. Note that EPC data is not available for all properties in Church Stretton.

SPRING BANK: Plot and Title Map

SPRING BANK sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of SPRING BANK, 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 SPRING BANK). 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 SPRING BANK?

SPRING BANK is located on SANDFORD AVENUE in CHURCH STRETTON, in the SY6 postcode district. The below map shows the position of SPRING BANK on SANDFORD AVENUE.