7, TALBOT CLOSE, SHIFNAL, TF11 8SG - £197,000

7 TALBOT CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £197,000 in October 2015, which was around 29% below the average October 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 TALBOT CLOSE Sold Prices

Land registry data shows three sales for 7 TALBOT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 7 TALBOT 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
2015 16 OCT	£197,000	£278,296	29% below HPI
2010 10 JUN	£69,400	£258,262	73% below HPI
2008 6 NOV	£150,000	£252,163	41% below HPI

7 TALBOT 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 three 7 TALBOT CLOSE sales between November 2008 and October 2015 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 June 2010 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the October 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 TALBOT CLOSE?

7 TALBOT CLOSE is 57m² according to the EPC inspection conducted in July 2015. 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 7 TALBOT CLOSE lies on this distribution: 3% of detached houses are smaller than 7 TALBOT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

7 TALBOT CLOSE: Plot and Title Map

7 TALBOT CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 7 TALBOT 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 7 TALBOT 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 7 TALBOT CLOSE?

7 TALBOT CLOSE is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 7 on TALBOT CLOSE.