THE LODGE, PARK STREET, SHIFNAL, TF11 9BA - £375,000

THE LODGE is a very large extended detached house of 144m², built sometime before 1900. It was last sold for £375,000 in May 2020, which was around 22% above the average May 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE 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. Most of the four THE LODGE sales were 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
2020 18 MAY	£375,000	£306,665	22% above HPI
2003 31 JAN	£220,000	£181,976	21% above HPI
2000 18 FEB	£100,000	£107,798	7% below HPI
1998 6 JUL	£97,500	£96,426	1% above HPI

THE LODGE 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 THE LODGE sales between July 1998 and May 2020 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 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE LODGE?

THE LODGE is 144m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where THE LODGE lies on this distribution: 81% of detached houses are smaller than THE LODGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on PARK STREET in SHIFNAL, in the TF11 postcode district. The below map shows the position of THE LODGE on PARK STREET.