WOOD LEA, MYTTON ROAD, SHAWBURY, SHREWSBURY, SY4 4HT - £343,000

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.

WOOD LEA is a very large detached house of 156m², built sometime between 1950 and 1966, which could now be worth an estimated £464,867. It was last sold for £343,000 in June 2018, which was around 11% above the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

WOOD LEA Sold Prices

Land registry data shows three sales for WOOD LEA 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 WOOD LEA 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
2018 15 JUN	£343,000	£307,892	11% above HPI
1999 9 AUG	£119,000	£110,806	7% above HPI
1996 12 FEB	£100,000	£83,784	19% above HPI

WOOD LEA 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 WOOD LEA sales between February 1996 and June 2018 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 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might WOOD LEA be worth now?

WOOD LEA might now be worth an estimated £464,867.

This is based on house price inflation of 35.5%, between June 2018 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 35.5% inflationary increase is applied to the most recent sale price for WOOD LEA of £343,000 on 15th June 2018. For the value to have increased from £343,000 to £464,867 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of WOOD LEA has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2018 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of WOOD LEA has not materially changed since June 2018.

How Large is WOOD LEA?

WOOD LEA is 156m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Shawbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shawbury, and where WOOD LEA lies on this distribution: 84% of detached houses houses are smaller than WOOD LEA, and 16% of houses are larger. Note that EPC data is not available for all properties in Shawbury.

WOOD LEA: Plot and Title Map

WOOD LEA sits on a plot of roughly 0.322 of an acre, or 1,305m². The below map shows the location of WOOD LEA, 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 WOOD LEA). 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 WOOD LEA?

WOOD LEA is located on MYTTON ROAD in SHAWBURY, in the SY4 postcode district. The below map shows the position of WOOD LEA on MYTTON ROAD.