3, PENNYWELL, SHREWSBURY, SY3 8BY - £350,000

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

3 PENNYWELL is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2019, which was around 11% above the average October 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

3 PENNYWELL Sold Prices

Land registry data shows three sales for 3 PENNYWELL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 3 PENNYWELL 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
2019 14 OCT	£350,000	£316,667	11% above HPI
2008 4 JAN	£299,950	£269,849	11% above HPI
1997 24 JAN	£109,500	£86,278	27% above HPI

3 PENNYWELL 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 three 3 PENNYWELL sales between January 1997 and October 2019 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 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2019 sale, which was also at 11% above the HPI.

How Large is 3 PENNYWELL?

3 PENNYWELL is 94m² according to the EPC inspection conducted in July 2019. 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 3 PENNYWELL lies on this distribution: 24% of detached houses are smaller than 3 PENNYWELL, and 75% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 PENNYWELL: Plot and Title Map

3 PENNYWELL sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 3 PENNYWELL, 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 3 PENNYWELL). 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 3 PENNYWELL?

3 PENNYWELL is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 3 on PENNYWELL.