2, WESSEX CLOSE, SHAWBURY, SHREWSBURY, SY4 4RZ - £465,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WESSEX CLOSE is a large detached house of 146m², which could now be worth an estimated £485,690. It was last sold for £465,000 in July 2023, which was around 16% above the average July 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

2 WESSEX CLOSE Sold Prices

Land registry data shows two sales for 2 WESSEX CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 2 WESSEX 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
2023 21 JUL	£465,000	£399,509	16% above HPI
2020 31 JAN	£332,000	£320,143	4% above HPI

2 WESSEX 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 two 2 WESSEX CLOSE sales from January 2020 and July 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 January 2020 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 WESSEX CLOSE be worth now?

2 WESSEX CLOSE might now be worth an estimated £485,690.

This is based on house price inflation of 4.4%, between July 2023 and February 2025, 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 4.4% inflationary increase is applied to the most recent sale price for 2 WESSEX CLOSE of £465,000 on 21st July 2023. For the value to have increased from £465,000 to £485,690 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 2 WESSEX CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2023 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WESSEX CLOSE has not materially changed since July 2023.

How Large is 2 WESSEX CLOSE?

2 WESSEX CLOSE is 146m² according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses houses in Shawbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shawbury, and where 2 WESSEX CLOSE lies on this distribution: 77% of detached houses houses are smaller than 2 WESSEX CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Shawbury.

2 WESSEX CLOSE: Plot and Title Map

2 WESSEX CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 WESSEX 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 WESSEX 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 WESSEX CLOSE?

2 WESSEX CLOSE is located in SHAWBURY, in the SY4 postcode district. The below map shows the position of No. 2 on WESSEX CLOSE.