WATERFORD HOUSE, WEIR ROAD, HANWOOD, SHREWSBURY, SY5 8LA - £585,000

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

WATERFORD HOUSE is a very large extended detached house of 270m², built sometime between 1950 and 1966. It was last sold for £585,000 in November 2022, which was around 48% above the average November 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

WATERFORD HOUSE Sold Prices

Land registry data shows two sales for WATERFORD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two WATERFORD HOUSE 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
2022 24 NOV	£585,000	£394,615	48% above HPI
2002 23 JUL	£225,000	£160,697	40% above HPI

WATERFORD HOUSE 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 two WATERFORD HOUSE sales from July 2002 and November 2022 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 July 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2022 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is WATERFORD HOUSE?

WATERFORD HOUSE is 270m², which includes four extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hanwood, and where WATERFORD HOUSE lies on this distribution: 97% of detached houses are smaller than WATERFORD HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

WATERFORD HOUSE: Plot and Title Map

WATERFORD HOUSE sits on a plot of roughly 0.392 of an acre, or 1,585m². The below map shows the location of WATERFORD HOUSE, 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 WATERFORD HOUSE). 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 WATERFORD HOUSE?

WATERFORD HOUSE is located on WEIR ROAD in HANWOOD, in the SY5 postcode district. The below map shows the position of WATERFORD HOUSE on WEIR ROAD.