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 PENNYWELL is a midsized detached house of 122m², built sometime between 1996 and 2002. It was last sold for £365,000 in October 2004, which was around 53% above the average October 2004 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 PENNYWELL since 1st 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 PENNYWELL 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 |
---|---|---|---|
2004 22 OCT | £365,000 | £239,044 | 53% above HPI |
1997 9 JAN | £162,950 | £86,278 | 89% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 1 PENNYWELL sales from January 1997 and October 2004 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 1997 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the October 2004 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.
1 PENNYWELL is 122m² according to the EPC inspection conducted in May 2015. 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 PENNYWELL lies on this distribution: 59% of detached houses are smaller than 1 PENNYWELL, and 40% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
1 PENNYWELL sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 1 PENNYWELL, 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 PENNYWELL). 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.
1 PENNYWELL is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 1 on PENNYWELL.