16, LABURNUM CLOSE, SHIFNAL, TF11 8EZ - £187,500

16 LABURNUM CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £187,500 in January 2019, which was around 39% below the average January 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

16 LABURNUM CLOSE Sold Prices

Land registry data shows five sales for 16 LABURNUM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 16 LABURNUM CLOSE sales were 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
2019 23 JAN	£187,500	£306,230	39% below HPI
2008 13 FEB	£180,000	£267,699	33% below HPI
2002 8 NOV	£136,000	£173,056	21% below HPI
1999 10 DEC	£75,500	£107,820	30% below HPI
1996 24 MAY	£56,000	£81,974	32% below HPI

16 LABURNUM CLOSE 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 five 16 LABURNUM CLOSE sales between May 1996 and January 2019 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 February 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 LABURNUM CLOSE?

16 LABURNUM CLOSE is 72m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 16 LABURNUM CLOSE lies on this distribution: 7% of detached houses are smaller than 16 LABURNUM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

16 LABURNUM CLOSE: Plot and Title Map

16 LABURNUM CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 16 LABURNUM CLOSE, 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 16 LABURNUM CLOSE). 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 16 LABURNUM CLOSE?

16 LABURNUM CLOSE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 16 on LABURNUM CLOSE.