1, BAKEWELL CLOSE, SHREWSBURY, SY1 3RL - £349,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BAKEWELL CLOSE is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £349,000 in November 2022, which was around 12% below the average November 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

1 BAKEWELL CLOSE Sold Prices

Land registry data shows two sales for 1 BAKEWELL CLOSE 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 1 BAKEWELL CLOSE 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 25 NOV	£349,000	£394,615	12% below HPI
2010 12 APR	£180,000	£253,406	29% below HPI

1 BAKEWELL CLOSE 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 1 BAKEWELL CLOSE sales from April 2010 and November 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 April 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 BAKEWELL CLOSE?

1 BAKEWELL CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 1 BAKEWELL CLOSE lies on this distribution: 63% of detached houses are smaller than 1 BAKEWELL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

1 BAKEWELL CLOSE: Plot and Title Map

1 BAKEWELL CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 1 BAKEWELL CLOSE, 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 1 BAKEWELL CLOSE). 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 1 BAKEWELL CLOSE?

1 BAKEWELL CLOSE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 1 on BAKEWELL CLOSE.