2, WELLS CLOSE, BRIDGNORTH, WV16 5JQ - £282,500

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 WELLS CLOSE is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £282,500 in October 2012, which was around 13% above the average October 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

2 WELLS CLOSE Sold Prices

Land registry data shows three sales for 2 WELLS 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 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
2012 31 OCT	£282,500	£250,460	13% above HPI
2001 24 MAY	£202,000	£130,948	54% above HPI
1995 24 NOV	£135,000	£82,392	64% above HPI

2 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 three 2 WELLS CLOSE sales between November 1995 and October 2012 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 May 2001 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2012 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 WELLS CLOSE?

2 WELLS CLOSE is 131m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where 2 WELLS CLOSE lies on this distribution: 68% of detached houses are smaller than 2 WELLS CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.

2 WELLS CLOSE: Plot and Title Map

2 WELLS CLOSE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 2 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 2 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 2 WELLS CLOSE?

2 WELLS CLOSE is located in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of No. 2 on WELLS CLOSE.