2, WYKE WAY, SHIFNAL, TF11 8SF - £284,000

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 WYKE WAY is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £284,000 in October 2022, which was around 28% below the average October 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

2 WYKE WAY Sold Prices

Land registry data shows two sales for 2 WYKE WAY 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 WYKE WAY 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 7 OCT	£284,000	£393,330	28% below HPI
2019 22 OCT	£212,500	£316,667	33% below HPI

2 WYKE WAY 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 WYKE WAY sales from October 2019 and October 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 October 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 WYKE WAY?

2 WYKE WAY is 75m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses by size in Shifnal, and where 2 WYKE WAY lies on this distribution: 8% of detached houses are smaller than 2 WYKE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

2 WYKE WAY: Plot and Title Map

2 WYKE WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 WYKE WAY, 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 WYKE WAY). 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 WYKE WAY?

2 WYKE WAY is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 2 on WYKE WAY.