2, PENGWERN ROAD, SHREWSBURY, SY3 8JD - £1,155,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 PENGWERN ROAD is a very large extended detached house of 217m², built sometime between 1950 and 1966. It was last sold for £1,155,000 in June 2024, which was around 192% above the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

2 PENGWERN ROAD Sold Prices

Land registry data shows three sales for 2 PENGWERN ROAD 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 PENGWERN ROAD 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
2024 21 JUN	£1,155,000	£395,032	192% above HPI
2005 13 OCT	£510,844	£247,578	106% above HPI
1996 15 JAN	£127,500	£81,151	57% above HPI

2 PENGWERN ROAD 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 PENGWERN ROAD sales between January 1996 and June 2024 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 October 2005 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the June 2024 sale, where it rises to 192% above the HPI. The line then continues to track at 192% above the HPI.

How Large is 2 PENGWERN ROAD?

2 PENGWERN ROAD is 217m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 PENGWERN ROAD lies on this distribution: 96% of detached houses are smaller than 2 PENGWERN ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 PENGWERN ROAD: Plot and Title Map

2 PENGWERN ROAD sits on a plot of roughly 0.445 of an acre, or 1,801m². The below map shows the location of 2 PENGWERN ROAD, 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 PENGWERN ROAD). 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 PENGWERN ROAD?

2 PENGWERN ROAD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on PENGWERN ROAD.