55, SPRINGHILL, SHIFNAL, TF11 8FA - £285,000

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.

55 SPRINGHILL is a very small semi-detached house of 89m², built in 2017, which could now be worth an estimated £314,018. It was last sold for £285,000 in May 2023, which was around 19% above the average May 2023 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

55 SPRINGHILL Sold Prices

Land registry data shows three sales for 55 SPRINGHILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. All of the three 55 SPRINGHILL 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
2023 19 MAY	£285,000	£239,201	19% above HPI
2021 29 JUL	£256,000	£217,816	18% above HPI
2017 19 DEC	£224,995	£186,288	21% above HPI

55 SPRINGHILL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 55 SPRINGHILL sales between December 2017 and May 2023 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 July 2021 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 55 SPRINGHILL be worth now?

55 SPRINGHILL might now be worth an estimated £314,018.

This is based on house price inflation of 10.2%, between May 2023 and May 2026, for semi-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 10.2% inflationary increase is applied to the most recent sale price for 55 SPRINGHILL of £285,000 on 19th May 2023. For the value to have increased from £285,000 to £314,018 over the three years to May 2026, the following assumptions must hold true:

• The value of 55 SPRINGHILL has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The May 2023 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 55 SPRINGHILL has not materially changed since May 2023.

How Large is 55 SPRINGHILL?

55 SPRINGHILL is 89m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in Shifnal, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shifnal, and where 55 SPRINGHILL lies on this distribution: 15% of semi-detached houses houses are smaller than 55 SPRINGHILL, and 84% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

55 SPRINGHILL: Plot and Title Map

55 SPRINGHILL sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 55 SPRINGHILL, 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 55 SPRINGHILL). 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 55 SPRINGHILL?

55 SPRINGHILL is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 55 on SPRINGHILL.