1, SOUTHFIELD WAY, MUCH WENLOCK, TF13 6AZ - £295,000

1 SOUTHFIELD WAY is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £295,000 in September 2022, which was around 25% below the average September 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

1 SOUTHFIELD WAY Sold Prices

Land registry data shows two sales for 1 SOUTHFIELD WAY 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 SOUTHFIELD WAY 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 23 SEP	£295,000	£390,923	25% below HPI
2002 15 FEB	£69,950	£142,475	51% below HPI

1 SOUTHFIELD WAY 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 SOUTHFIELD WAY sales from February 2002 and September 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 February 2002 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 SOUTHFIELD WAY?

1 SOUTHFIELD WAY is 75m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Much Wenlock, based on EPC data. The below chart shows the distribution of detached houses by size in Much Wenlock, and where 1 SOUTHFIELD WAY lies on this distribution: 16% of detached houses are smaller than 1 SOUTHFIELD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Much Wenlock.

1 SOUTHFIELD WAY: Plot and Title Map

1 SOUTHFIELD WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 1 SOUTHFIELD WAY, 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 SOUTHFIELD WAY). 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 SOUTHFIELD WAY?

1 SOUTHFIELD WAY is located in MUCH WENLOCK, in the TF13 postcode district. The below map shows the position of No. 1 on SOUTHFIELD WAY.