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

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 WILLOW PLACE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £332,682. It was last sold for £325,000 in December 2022, which was around 20% 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	£407,650	20% below HPI
2019 1 NOV	£250,000	£324,993	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 WILLOW PLACE be worth now?

2 WILLOW PLACE might now be worth an estimated £332,682.

This is based on house price inflation of 2.4%, between December 2022 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 2.4% inflationary increase is applied to the most recent sale price for 2 WILLOW PLACE of £325,000 on 16th December 2022. For the value to have increased from £325,000 to £332,682 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 WILLOW PLACE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WILLOW PLACE has not materially changed since December 2022.

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 houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 2 WILLOW PLACE lies on this distribution: 27% of detached houses 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.