15, MEAD WAY, SHIFNAL, TF11 9QB - £510,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MEAD WAY is a very large extended detached house of 159m², built sometime between 1983 and 1990, which could now be worth an estimated £523,406. It was last sold for £510,000 in November 2023, which was around 26% above the average November 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

15 MEAD WAY Sold Prices

Land registry data shows three sales for 15 MEAD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. The three 15 MEAD WAY sales were a mix of above the average price, and roughly equal to 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
2023 17 NOV	£510,000	£404,995	26% above HPI
2013 29 NOV	£259,950	£260,041	Close to HPI
2002 23 JAN	£180,000	£145,263	24% above HPI

15 MEAD 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 three 15 MEAD WAY sales between January 2002 and November 2023 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 November 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 15 MEAD WAY be worth now?

15 MEAD WAY might now be worth an estimated £523,406.

This is based on house price inflation of 2.6%, between November 2023 and December 2024, 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 2.6% inflationary increase is applied to the most recent sale price for 15 MEAD WAY of £510,000 on 17th November 2023. For the value to have increased from £510,000 to £523,406 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 15 MEAD WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2023 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEAD WAY has not materially changed since November 2023.

How Large is 15 MEAD WAY?

15 MEAD WAY is 159m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shifnal, and where 15 MEAD WAY lies on this distribution: 90% of detached houses houses are smaller than 15 MEAD WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

15 MEAD WAY: Plot and Title Map

15 MEAD WAY sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 15 MEAD 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 15 MEAD 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 15 MEAD WAY?

15 MEAD WAY is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 15 on MEAD WAY.