THE CREEL, BACK LANE, CLIVE, SHREWSBURY, SY4 3LA - £279,000

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

THE CREEL is a very small extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £279,000 in October 2010, which was around 7% above the average October 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

THE CREEL Sold Prices

Land registry data shows three sales for THE CREEL 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 THE CREEL 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
2010 19 OCT	£279,000	£261,342	7% above HPI
1996 9 AUG	£86,500	£83,778	3% above HPI
1995 14 MAR	£85,000	£81,956	4% above HPI

THE CREEL 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 THE CREEL sales between March 1995 and October 2010 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 August 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2010 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE CREEL?

THE CREEL is 113m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Clive, based on EPC data. The below chart shows the distribution of detached houses by size in Clive, and where THE CREEL lies on this distribution: 17% of detached houses are smaller than THE CREEL, and 83% of houses are larger. Note that EPC data is not available for all properties in Clive.

THE CREEL: Plot and Title Map

THE CREEL sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of THE CREEL, 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 CREEL). 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 CREEL?

THE CREEL is located on BACK LANE in CLIVE, in the SY4 postcode district. The below map shows the position of THE CREEL on BACK LANE.