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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

58 PENSON WAY is a small detached house of 95m², which could now be worth an estimated £305,597. It was last sold for £295,000 in August 2023, which was around 26% 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	£401,228	26% below HPI
2022 26 AUG	£295,000	£395,038	25% below HPI
2017 15 DEC	£252,000	£306,337	18% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 58 PENSON WAY be worth now?

58 PENSON WAY might now be worth an estimated £305,597.

This is based on house price inflation of 3.6%, between August 2023 and December 2024, 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 3.6% inflationary increase is applied to the most recent sale price for 58 PENSON WAY of £295,000 on 25th August 2023. For the value to have increased from £295,000 to £305,597 over the eight months to December 2024, the following assumptions must hold true:

• The value of 58 PENSON WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 58 PENSON WAY has not materially changed since August 2023.

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 houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 58 PENSON WAY lies on this distribution: 25% of detached houses houses are smaller than 58 PENSON WAY, and 74% 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 7.5 acres, or 30,338m². 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.