WHEELERS GATE, QUARRY PLACE, SHREWSBURY, SY1 1JN - £780,000

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

WHEELERS GATE is a very large extended detached house of 182m², built sometime between 1996 and 2002. It was last sold for £780,000 in August 2023, which was around 100% above the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

WHEELERS GATE Sold Prices

Land registry data shows five sales for WHEELERS GATE 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 WHEELERS GATE 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
2023 23 AUG	£780,000	£390,325	100% above HPI
2019 24 MAY	£740,000	£307,675	141% above HPI
2012 9 FEB	£480,000	£242,528	98% above HPI
2006 25 MAY	£475,000	£248,305	91% above HPI
2003 11 JUL	£365,000	£195,413	87% above HPI

WHEELERS GATE 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 WHEELERS GATE sales between July 2003 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 May 2019 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the August 2023 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is WHEELERS GATE?

WHEELERS GATE is 182m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where WHEELERS GATE lies on this distribution: 91% of detached houses are smaller than WHEELERS GATE, and 9% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

WHEELERS GATE: Plot and Title Map

WHEELERS GATE sits on a plot of roughly 0.026 of an acre, or 103m². The below map shows the location of WHEELERS GATE, 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 WHEELERS GATE). 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 WHEELERS GATE?

WHEELERS GATE is located on QUARRY PLACE in SHREWSBURY, in the SY1 postcode district. The below map shows the position of WHEELERS GATE on QUARRY PLACE.