8, LEXINGTON AVENUE, SHREWSBURY, SY2 6SR - £245,000

8 LEXINGTON AVENUE is a large detached house of 139m², built sometime between 1983 and 1990. It was last sold for £245,000 in August 2012, which was around 2% below the average August 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 LEXINGTON AVENUE Sold Prices

Land registry data shows two sales for 8 LEXINGTON AVENUE 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 8 LEXINGTON AVENUE sales was for below the average price, whilst the other was 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
2012 17 AUG	£245,000	£250,158	2% below HPI
1995 13 JAN	£105,000	£79,668	32% above HPI

8 LEXINGTON AVENUE 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 8 LEXINGTON AVENUE sales from January 1995 and August 2012 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 January 1995 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 LEXINGTON AVENUE?

8 LEXINGTON AVENUE is 139m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 8 LEXINGTON AVENUE lies on this distribution: 74% of detached houses are smaller than 8 LEXINGTON AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

8 LEXINGTON AVENUE: Plot and Title Map

8 LEXINGTON AVENUE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 8 LEXINGTON AVENUE, 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 8 LEXINGTON AVENUE). 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 8 LEXINGTON AVENUE?

8 LEXINGTON AVENUE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 8 on LEXINGTON AVENUE.