58, PENSON WAY, SHREWSBURY, SY1 2BF - £295,000

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

58 PENSON WAY is a small detached house of 95m². It was last sold for £295,000 in August 2023, which was around 24% below the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

58 PENSON WAY Sold Prices

Land registry data shows three sales for 58 PENSON 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 58 PENSON 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
2023 25 AUG	£295,000	£390,702	24% below HPI
2022 26 AUG	£295,000	£384,303	23% below HPI
2017 15 DEC	£252,000	£298,013	15% below HPI

58 PENSON 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 58 PENSON WAY sales between December 2017 and August 2023 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 August 2022 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 58 PENSON WAY?

58 PENSON WAY is 95m² according to the EPC inspection conducted in August 2017. 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 58 PENSON WAY lies on this distribution: 25% of detached houses are smaller than 58 PENSON WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

58 PENSON WAY: Plot and Title Map

58 PENSON WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 58 PENSON 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 58 PENSON 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 58 PENSON WAY?

58 PENSON WAY is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 58 on PENSON WAY.