FAIRVIEW, BICTON LANE, BICTON, SHREWSBURY, SY3 8EH - £182,500

FAIRVIEW is a very small extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £182,500 in April 2010, which was around 28% below the average April 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW 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 FAIRVIEW 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
2010 29 APR	£182,500	£253,406	28% below HPI
2000 27 NOV	£103,000	£128,327	20% below HPI

FAIRVIEW 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 FAIRVIEW sales from November 2000 and April 2010 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 November 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2010 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 100m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Bicton, based on EPC data. The below chart shows the distribution of detached houses by size in Bicton, and where FAIRVIEW lies on this distribution: 14% of detached houses are smaller than FAIRVIEW, and 84% of houses are larger. Note that EPC data is not available for all properties in Bicton.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on BICTON LANE in BICTON, in the SY3 postcode district. The below map shows the position of FAIRVIEW on BICTON LANE.