THE VILLA, MYDDLE, SHREWSBURY, SY4 3RP - £310,000

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 VILLA is a large extended detached house of 170m², built sometime between 1900 and 1929. It was last sold for £310,000 in December 2013, which was around 23% above the average December 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

THE VILLA Sold Prices

Land registry data shows three sales for THE VILLA 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 VILLA 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
2013 12 DEC	£310,000	£251,948	23% above HPI
2005 13 JAN	£299,950	£232,521	29% above HPI
1998 7 DEC	£112,500	£99,863	13% above HPI

THE VILLA 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 VILLA sales between December 1998 and December 2013 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 January 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2013 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE VILLA?

THE VILLA is 170m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses in Myddle, based on EPC data. The below chart shows the distribution of detached houses by size in Myddle, and where THE VILLA lies on this distribution: 65% of detached houses are smaller than THE VILLA, and 35% of houses are larger. Note that EPC data is not available for all properties in Myddle.

THE VILLA: Plot and Title Map

THE VILLA sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of THE VILLA, 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 VILLA). 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 VILLA?

THE VILLA is located in MYDDLE, in the SY4 postcode district. The below map shows the position of THE VILLA in MYDDLE.