5, WYKE WAY, SHIFNAL, TF11 8SF - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WYKE WAY is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £297,934. It was last sold for £180,000 in August 2009, which was around 29% below the average August 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

5 WYKE WAY Sold Prices

Land registry data shows three sales for 5 WYKE WAY 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 5 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
2009 28 AUG	£180,000	£252,107	29% below HPI
2006 20 OCT	£173,000	£270,799	36% below HPI
1999 26 AUG	£69,500	£110,806	37% below HPI

5 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 three 5 WYKE WAY sales between August 1999 and August 2009 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 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2009 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 WYKE WAY be worth now?

5 WYKE WAY might now be worth an estimated £297,934.

This is based on house price inflation of 65.5%, between August 2009 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.5% inflationary increase is applied to the most recent sale price for 5 WYKE WAY of £180,000 on 28th August 2009. For the value to have increased from £180,000 to £297,934 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 5 WYKE WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2009 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WYKE WAY has not materially changed since August 2009.

How Large is 5 WYKE WAY?

5 WYKE WAY is 58m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses houses in Shifnal, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shifnal, and where 5 WYKE WAY lies on this distribution: 4% of detached houses houses are smaller than 5 WYKE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Shifnal.

5 WYKE WAY: Plot and Title Map

5 WYKE WAY sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 5 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 5 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 5 WYKE WAY?

5 WYKE WAY is located in SHIFNAL, in the TF11 postcode district. The below map shows the position of No. 5 on WYKE WAY.