2, PENNYWELL, SHREWSBURY, SY3 8BY - £407,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PENNYWELL is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £407,500 in December 2020, which was around 21% above the average December 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 PENNYWELL Sold Prices

Land registry data shows three sales for 2 PENNYWELL 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. Two of the three 2 PENNYWELL sales were for above the average price, whilst one was 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
2020 8 DEC	£407,500	£335,787	21% above HPI
2014 6 FEB	£245,000	£252,135	3% below HPI
1997 28 FEB	£110,000	£86,555	27% above HPI

2 PENNYWELL 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 PENNYWELL sales between February 1997 and December 2020 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 PENNYWELL?

2 PENNYWELL is 112m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% 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 PENNYWELL lies on this distribution: 45% of detached houses are smaller than 2 PENNYWELL, and 53% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 PENNYWELL: Plot and Title Map

2 PENNYWELL sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 PENNYWELL, 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 PENNYWELL). 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 PENNYWELL?

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