7, HEXHAM WAY, SHREWSBURY, SY2 6QX - £365,000

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

7 HEXHAM WAY is a midsized detached house of 110m², built sometime between 1976 and 1982. It was last sold for £365,000 in June 2014, which was around 41% above the average June 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

7 HEXHAM WAY Sold Prices

Land registry data shows four sales for 7 HEXHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 7 HEXHAM 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
2014 11 JUN	£365,000	£258,283	41% above HPI
2003 16 DEC	£320,000	£207,319	54% above HPI
1997 28 APR	£114,000	£87,775	30% above HPI
1996 5 JAN	£85,000	£81,151	5% above HPI

7 HEXHAM 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 four 7 HEXHAM WAY sales between January 1996 and June 2014 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 December 2003 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2014 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 7 HEXHAM WAY?

7 HEXHAM WAY is 110m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 50% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 7 HEXHAM WAY lies on this distribution: 42% of detached houses are smaller than 7 HEXHAM WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

7 HEXHAM WAY: Plot and Title Map

7 HEXHAM WAY sits on a plot of roughly 0.267 of an acre, or 1,079m². The below map shows the location of 7 HEXHAM 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 7 HEXHAM 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 7 HEXHAM WAY?

7 HEXHAM WAY is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 7 on HEXHAM WAY.