2, WILLOW PLACE, SHREWSBURY, SY3 8YQ - £325,000

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 WILLOW PLACE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £325,000 in December 2022, which was around 18% below the average December 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

2 WILLOW PLACE Sold Prices

Land registry data shows two sales for 2 WILLOW PLACE 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 WILLOW PLACE sales were 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
2022 16 DEC	£325,000	£396,573	18% below HPI
2019 1 NOV	£250,000	£316,161	21% below HPI

2 WILLOW PLACE 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 WILLOW PLACE sales from November 2019 and December 2022 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 November 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 WILLOW PLACE?

2 WILLOW PLACE is 97m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 WILLOW PLACE lies on this distribution: 27% of detached houses are smaller than 2 WILLOW PLACE, and 72% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 WILLOW PLACE: Plot and Title Map

2 WILLOW PLACE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 WILLOW PLACE, 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 WILLOW PLACE). 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 WILLOW PLACE?

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