THE COTTAGE, HOLYHEAD ROAD, BICTON, SHREWSBURY, SY3 8EF - £439,995

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.

THE COTTAGE is a large extended detached house of 164m², built sometime between 1900 and 1929, which could now be worth an estimated £487,403. It was last sold for £439,995 in February 2022, which was around 17% above the average February 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE 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 THE COTTAGE 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
2022 11 FEB	£439,995	£376,697	17% above HPI
2013 4 DEC	£220,000	£258,986	15% below HPI

THE COTTAGE 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 THE COTTAGE sales from December 2013 and February 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 December 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £487,403.

This is based on house price inflation of 10.8%, between February 2022 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 10.8% inflationary increase is applied to the most recent sale price for THE COTTAGE of £439,995 on 11th February 2022. For the value to have increased from £439,995 to £487,403 over the three years to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2022 sale price of £439,995 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since February 2022.

How Large is THE COTTAGE?

THE COTTAGE is 164m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% 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 THE COTTAGE lies on this distribution: 70% of detached houses houses are smaller than THE COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bicton.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of THE COTTAGE, 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 THE COTTAGE). 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 THE COTTAGE?

THE COTTAGE is located on HOLYHEAD ROAD in BICTON, in the SY3 postcode district. The below map shows the position of THE COTTAGE on HOLYHEAD ROAD.