2, BAKEWELL CLOSE, SHREWSBURY, SY1 3RL - £145,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 BAKEWELL CLOSE is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £145,000 in March 2010, which was around 42% below the average March 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

2 BAKEWELL CLOSE Sold Prices

Land registry data shows three sales for 2 BAKEWELL CLOSE 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. All of the three 2 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
2010 9 MAR	£145,000	£251,968	42% below HPI
2002 8 AUG	£97,500	£165,908	41% below HPI
1996 23 AUG	£49,000	£83,778	42% below HPI

2 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 three 2 BAKEWELL CLOSE sales between August 1996 and March 2010 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 August 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2010 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 BAKEWELL CLOSE?

2 BAKEWELL CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in September 2008. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 2 BAKEWELL CLOSE lies on this distribution: 6% of detached houses are smaller than 2 BAKEWELL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 BAKEWELL CLOSE: Plot and Title Map

2 BAKEWELL CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 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 2 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 2 BAKEWELL CLOSE?

2 BAKEWELL CLOSE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 2 on BAKEWELL CLOSE.