8, PENDLE WAY, SHREWSBURY, SY3 9QH - £327,500

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

8 PENDLE WAY is a large detached house of 142m², built sometime between 1976 and 1982, which could now be worth an estimated £497,798. It was last sold for £327,500 in February 2015, which was around 20% above the average February 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

8 PENDLE WAY Sold Prices

Land registry data shows four sales for 8 PENDLE 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. Most of the four 8 PENDLE 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
2015 10 FEB	£327,500	£273,449	20% above HPI
2011 22 AUG	£290,000	£250,359	16% above HPI
2002 5 JUL	£164,000	£165,186	1% below HPI
1999 22 OCT	£119,950	£112,385	7% above HPI

8 PENDLE 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 8 PENDLE WAY sales between October 1999 and February 2015 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 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 PENDLE WAY be worth now?

8 PENDLE WAY might now be worth an estimated £497,798.

This is based on house price inflation of 52%, between February 2015 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 52% inflationary increase is applied to the most recent sale price for 8 PENDLE WAY of £327,500 on 10th February 2015. For the value to have increased from £327,500 to £497,798 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 8 PENDLE WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2015 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PENDLE WAY has not materially changed since February 2015.

How Large is 8 PENDLE WAY?

8 PENDLE WAY is 142m² according to the EPC inspection conducted in March 2011. This puts it in the largest 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 8 PENDLE WAY lies on this distribution: 76% of detached houses houses are smaller than 8 PENDLE WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

8 PENDLE WAY: Plot and Title Map

8 PENDLE WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 8 PENDLE 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 8 PENDLE 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 8 PENDLE WAY?

8 PENDLE WAY is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 8 on PENDLE WAY.