4, WELLS CLOSE, BRIDGNORTH, WV16 5JQ - £410,000

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 WELLS CLOSE is a large extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £410,000 in January 2019, which was around 34% above the average January 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

4 WELLS CLOSE Sold Prices

Land registry data shows three sales for 4 WELLS CLOSE 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 4 WELLS CLOSE 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 11 JAN	£410,000	£306,230	34% above HPI
2013 1 MAY	£315,000	£251,897	25% above HPI
2006 5 APR	£325,000	£243,580	33% above HPI

4 WELLS CLOSE 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 4 WELLS CLOSE sales between April 2006 and January 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 May 2013 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 4 WELLS CLOSE?

4 WELLS CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where 4 WELLS CLOSE lies on this distribution: 70% of detached houses are smaller than 4 WELLS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.

4 WELLS CLOSE: Plot and Title Map

4 WELLS CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 4 WELLS CLOSE, 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 WELLS CLOSE). 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 WELLS CLOSE?

4 WELLS CLOSE is located in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of No. 4 on WELLS CLOSE.