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 WESTFIELDS RISE is a very large detached house of 198m², built sometime between 1967 and 1975. It was last sold for £385,000 in July 2017, which was around 32% above the average July 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 2 WESTFIELDS RISE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 2 WESTFIELDS RISE 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 |
---|---|---|---|
2017 12 JUL | £385,000 | £291,256 | 32% above HPI |
2015 25 JUN | £367,500 | £266,341 | 38% above HPI |
2009 8 MAY | £325,000 | £230,169 | 41% above HPI |
2000 14 AUG | £150,000 | £123,943 | 21% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 2 WESTFIELDS RISE sales between August 2000 and July 2017 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 June 2015 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2017 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.
2 WESTFIELDS RISE is 198m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Woore, based on EPC data. The below chart shows the distribution of detached houses by size in Woore, and where 2 WESTFIELDS RISE lies on this distribution: 81% of detached houses are smaller than 2 WESTFIELDS RISE, and 19% of houses are larger. Note that EPC data is not available for all properties in Woore.
2 WESTFIELDS RISE sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 2 WESTFIELDS RISE, 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 WESTFIELDS RISE). 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.
2 WESTFIELDS RISE is located in WOORE, in the CW3 postcode district. The below map shows the position of No. 2 on WESTFIELDS RISE.