THE LARCHES, THE COPSE, SHEPHERDS LANE, BICTON HEATH, SHREWSBURY, SY3 5FR - £725,000

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

THE LARCHES is a very large detached house of 244m². It was last sold for £725,000 in February 2023, which was around 84% above the average February 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was B.

THE LARCHES Sold Prices

Land registry data shows two sales for THE LARCHES 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. Both of the two THE LARCHES 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
2023 20 FEB	£725,000	£394,297	84% above HPI
2017 16 OCT	£635,000	£296,180	114% above HPI

THE LARCHES 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 LARCHES sales from October 2017 and February 2023 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 2017 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the February 2023 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is THE LARCHES?

THE LARCHES is 244m² according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where THE LARCHES lies on this distribution: 97% of detached houses are smaller than THE LARCHES, and 3% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

THE LARCHES: Plot and Title Map

THE LARCHES sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of THE LARCHES, 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 LARCHES). 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 LARCHES?

THE LARCHES, THE COPSE is located on SHEPHERDS LANE in BICTON HEATH, in the SY3 postcode district. The below map shows the position of THE LARCHES, THE COPSE on SHEPHERDS LANE.