HIGHFIELD, HEATHGATES, SHREWSBURY, SY1 4BB - £276,000

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.

HIGHFIELD is a very small detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £284,852. It was last sold for £276,000 in October 2022, which was around 32% below the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

HIGHFIELD Sold Prices

Land registry data shows four sales for HIGHFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four HIGHFIELD 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
2022 3 OCT	£276,000	£404,317	32% below HPI
2020 13 AUG	£250,000	£324,500	23% below HPI
2019 28 MAY	£126,500	£316,269	60% below HPI
1999 15 OCT	£69,000	£112,385	39% below HPI

HIGHFIELD 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 four HIGHFIELD sales between October 1999 and October 2022 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 August 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might HIGHFIELD be worth now?

HIGHFIELD might now be worth an estimated £284,852.

This is based on house price inflation of 3.2%, between October 2022 and February 2025, for 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 3.2% inflationary increase is applied to the most recent sale price for HIGHFIELD of £276,000 on 3rd October 2022. For the value to have increased from £276,000 to £284,852 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of HIGHFIELD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2022 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHFIELD has not materially changed since October 2022.

How Large is HIGHFIELD?

HIGHFIELD is 82m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where HIGHFIELD lies on this distribution: 12% of detached houses houses are smaller than HIGHFIELD, and 87% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

HIGHFIELD: Plot and Title Map

HIGHFIELD sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of HIGHFIELD, 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 HIGHFIELD). 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 HIGHFIELD?

HIGHFIELD is located on HEATHGATES in SHREWSBURY, in the SY1 postcode district. The below map shows the position of HIGHFIELD on HEATHGATES.