3, FARM LANE, TETCHILL, ELLESMERE, SY12 9AT - £290,000

3 FARM LANE is a small extended detached house of 112m², built sometime before 1900. It was last sold for £290,000 in July 2017, which was about the average July 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was A.

3 FARM LANE Sold Prices

Land registry data shows two sales for 3 FARM LANE 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. One of the two 3 FARM LANE sales was roughly equal to the average price, whilst the other was 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
2017 31 JUL	£290,000	£291,256	Close to HPI
2001 4 MAY	£125,000	£130,948	5% below HPI

3 FARM LANE 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 3 FARM LANE sales from May 2001 and July 2017 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 May 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 FARM LANE?

3 FARM LANE is 112m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Tetchill, based on EPC data. The below chart shows the distribution of detached houses by size in Tetchill, and where 3 FARM LANE lies on this distribution: 38% of detached houses are smaller than 3 FARM LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Tetchill.

3 FARM LANE: Plot and Title Map

3 FARM LANE sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of 3 FARM LANE, 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 3 FARM LANE). 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 3 FARM LANE?

3 FARM LANE is located in TETCHILL, in the SY12 postcode district. The below map shows the position of No. 3 on FARM LANE.