3, THE OLD CHAPEL, THE FURLONGS, BICTON HEATH, SHREWSBURY, SY3 5GA - £325,000

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 THE OLD CHAPEL is a large terraced house of 129m², which could now be worth an estimated £422,162. It was last sold for £325,000 in February 2020, which was around 108% above the average February 2020 terraced price in the Shropshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

3 THE OLD CHAPEL Sold Prices

Land registry data shows two sales for 3 THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Both of the two 3 THE OLD CHAPEL 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
2020 7 FEB	£325,000	£156,579	108% above HPI
2017 6 MAR	£175,000	£145,191	21% above HPI

3 THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The two 3 THE OLD CHAPEL sales from March 2017 and February 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 March 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2020 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might 3 THE OLD CHAPEL be worth now?

3 THE OLD CHAPEL might now be worth an estimated £422,162.

This is based on house price inflation of 29.9%, between February 2020 and June 2025, for terraced 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 29.9% inflationary increase is applied to the most recent sale price for 3 THE OLD CHAPEL of £325,000 on 7th February 2020. For the value to have increased from £325,000 to £422,162 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 THE OLD CHAPEL has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The February 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE OLD CHAPEL has not materially changed since February 2020.

How Large is 3 THE OLD CHAPEL?

3 THE OLD CHAPEL is 129m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of terraced houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shrewsbury, and where 3 THE OLD CHAPEL lies on this distribution: 67% of terraced houses houses are smaller than 3 THE OLD CHAPEL, and 33% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 THE OLD CHAPEL: Plot and Title Map

3 THE OLD CHAPEL sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 THE OLD CHAPEL, 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 THE OLD CHAPEL). 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 THE OLD CHAPEL?

3 THE OLD CHAPEL is located on THE FURLONGS in BICTON HEATH, in the SY3 postcode district. The below map shows the position of 3 THE OLD CHAPEL on THE FURLONGS.