3, LINNET CLOSE, SHREWSBURY, SY1 4TZ - £255,000

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.

3 LINNET CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £308,005. It was last sold for £255,000 in October 2020, which was around 25% below the average October 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

3 LINNET CLOSE Sold Prices

Land registry data shows two sales for 3 LINNET CLOSE 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 3 LINNET 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
2020 16 OCT	£255,000	£340,174	25% below HPI
2015 23 OCT	£218,500	£286,070	24% below HPI

3 LINNET 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 two 3 LINNET CLOSE sales from October 2015 and October 2020 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 LINNET CLOSE be worth now?

3 LINNET CLOSE might now be worth an estimated £308,005.

This is based on house price inflation of 20.8%, between October 2020 and June 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 20.8% inflationary increase is applied to the most recent sale price for 3 LINNET CLOSE of £255,000 on 16th October 2020. For the value to have increased from £255,000 to £308,005 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 3 LINNET CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LINNET CLOSE has not materially changed since October 2020.

How Large is 3 LINNET CLOSE?

3 LINNET CLOSE is 82m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 3 LINNET CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 LINNET CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 LINNET CLOSE: Plot and Title Map

3 LINNET CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 LINNET 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 3 LINNET 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 3 LINNET CLOSE?

3 LINNET CLOSE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 3 on LINNET CLOSE.