4, MEAD WAY, SHIFNAL, TF11 9QB - £310,000

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

4 MEAD WAY is a very large detached house of 174m², built sometime between 1983 and 1990. It was last sold for £310,000 in December 2005, which was around 27% above the average December 2005 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.

4 MEAD WAY Sold Prices

Land registry data shows two sales for 4 MEAD 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 4 MEAD WAY 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
2005 1 DEC	£310,000	£243,781	27% above HPI
2003 19 DEC	£249,500	£207,319	20% above HPI

4 MEAD 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 4 MEAD WAY sales from December 2003 and December 2005 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 December 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2005 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 4 MEAD WAY?

4 MEAD WAY is 174m² according to the EPC inspection conducted in December 2012. This puts it in the largest 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 4 MEAD WAY lies on this distribution: 95% of detached houses are smaller than 4 MEAD WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

4 MEAD WAY: Plot and Title Map

4 MEAD WAY sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 4 MEAD 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 4 MEAD 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 4 MEAD WAY?

4 MEAD WAY is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 4 on MEAD WAY.