RIDGEDALE, BICTON LANE, BICTON, SHREWSBURY, SY3 8EH - £252,000

RIDGEDALE is a very small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £252,000 in November 2017, which was around 15% below the average November 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

RIDGEDALE Sold Prices

Land registry data shows four sales for RIDGEDALE 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 RIDGEDALE 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
2017 28 NOV	£252,000	£297,190	15% below HPI
2015 15 APR	£240,000	£263,980	9% below HPI
2006 20 JUN	£222,000	£254,316	13% below HPI
1997 7 FEB	£60,000	£86,555	31% below HPI

RIDGEDALE 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 RIDGEDALE sales between February 1997 and November 2017 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 April 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is RIDGEDALE?

RIDGEDALE is 91m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Bicton, based on EPC data. The below chart shows the distribution of detached houses by size in Bicton, and where RIDGEDALE lies on this distribution: 10% of detached houses are smaller than RIDGEDALE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicton.

RIDGEDALE: Plot and Title Map

RIDGEDALE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of RIDGEDALE, 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 RIDGEDALE). 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 RIDGEDALE?

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