5, HIGH RIDGE WAY, SHREWSBURY, SY3 6DJ - £392,500

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

5 HIGH RIDGE WAY is a very large extended detached house of 152m², built sometime between 1983 and 1990. It was last sold for £392,500 in May 2019, which was around 28% above the average May 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

5 HIGH RIDGE WAY Sold Prices

Land registry data shows two sales for 5 HIGH RIDGE 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 5 HIGH RIDGE 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
2019 16 MAY	£392,500	£307,675	28% above HPI
2009 24 SEP	£262,500	£245,070	7% above HPI

5 HIGH RIDGE 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 5 HIGH RIDGE WAY sales from September 2009 and May 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 September 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2019 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 5 HIGH RIDGE WAY?

5 HIGH RIDGE WAY is 152m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 5 HIGH RIDGE WAY lies on this distribution: 82% of detached houses are smaller than 5 HIGH RIDGE WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 HIGH RIDGE WAY: Plot and Title Map

5 HIGH RIDGE WAY sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 5 HIGH RIDGE 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 5 HIGH RIDGE 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 5 HIGH RIDGE WAY?

5 HIGH RIDGE WAY is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 5 on HIGH RIDGE WAY.