10, WELLS CLOSE, BRIDGNORTH, WV16 5JQ - £392,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 WELLS CLOSE is a large extended detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £552,005. It was last sold for £392,500 in September 2016, which was around 32% above the average September 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

10 WELLS CLOSE Sold Prices

Land registry data shows two sales for 10 WELLS 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 10 WELLS CLOSE 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
2016 28 SEP	£392,500	£296,708	32% above HPI
2011 23 SEP	£317,500	£253,282	25% above HPI

10 WELLS 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 10 WELLS CLOSE sales from September 2011 and September 2016 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 September 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2016 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 10 WELLS CLOSE be worth now?

10 WELLS CLOSE might now be worth an estimated £552,005.

This is based on house price inflation of 40.6%, between September 2016 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.6% inflationary increase is applied to the most recent sale price for 10 WELLS CLOSE of £392,500 on 28th September 2016. For the value to have increased from £392,500 to £552,005 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 WELLS CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2016 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 10 WELLS CLOSE has not materially changed since September 2016.

How Large is 10 WELLS CLOSE?

10 WELLS CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bridgnorth, and where 10 WELLS CLOSE lies on this distribution: 67% of detached houses houses are smaller than 10 WELLS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.

10 WELLS CLOSE: Plot and Title Map

10 WELLS CLOSE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 10 WELLS 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 10 WELLS 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 10 WELLS CLOSE?

10 WELLS CLOSE is located in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of No. 10 on WELLS CLOSE.