PENNGROVE, HARMER HILL, SHREWSBURY, SY4 3EE - £544,000

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

PENNGROVE is a large extended detached house of 199m², built sometime between 1950 and 1966. It was last sold for £544,000 in January 2024, which was around 41% above the average January 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

PENNGROVE Sold Prices

Land registry data shows five sales for PENNGROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five PENNGROVE 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
2024 12 JAN	£544,000	£386,135	41% above HPI
2020 20 MAR	£360,000	£314,701	14% above HPI
2007 27 APR	£350,000	£259,819	35% above HPI
2002 26 APR	£175,000	£146,101	20% above HPI
1998 16 JAN	£98,000	£95,272	3% above HPI

PENNGROVE 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 five PENNGROVE sales between January 1998 and January 2024 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 March 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2024 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is PENNGROVE?

PENNGROVE is 199m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 30% of detached houses in Harmer Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Harmer Hill, and where PENNGROVE lies on this distribution: 75% of detached houses are smaller than PENNGROVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Harmer Hill.

PENNGROVE: Plot and Title Map

PENNGROVE sits on a plot of roughly 0.221 of an acre, or 893m². The below map shows the location of PENNGROVE, 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 PENNGROVE). 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 PENNGROVE?

PENNGROVE is located in HARMER HILL, in the SY4 postcode district. The below map shows the position of PENNGROVE in HARMER HILL.