WREKIN VIEW, CROSS HOUSES, SHREWSBURY, SY5 6JJ - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WREKIN VIEW is a very small extended detached house of 79m², built sometime before 1900, which could now be worth an estimated £220,593. It was last sold for £170,000 in February 2020, which was around 47% below the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was A.

WREKIN VIEW Sold Prices

Land registry data shows three sales for WREKIN VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three WREKIN VIEW sales were for below 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
2020 20 FEB	£170,000	£321,581	47% below HPI
2002 22 FEB	£88,000	£146,455	40% below HPI
1996 23 AUG	£47,500	£86,118	45% below HPI

WREKIN VIEW 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 three WREKIN VIEW sales between August 1996 and February 2020 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 February 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might WREKIN VIEW be worth now?

WREKIN VIEW might now be worth an estimated £220,593.

This is based on house price inflation of 29.8%, between February 2020 and February 2025, 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 29.8% inflationary increase is applied to the most recent sale price for WREKIN VIEW of £170,000 on 20th February 2020. For the value to have increased from £170,000 to £220,593 over the five years to February 2025, the following assumptions must hold true:

• The value of WREKIN VIEW has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of WREKIN VIEW has not materially changed since February 2020.

How Large is WREKIN VIEW?

WREKIN VIEW is 79m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Cross Houses, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cross Houses, and where WREKIN VIEW lies on this distribution: 7% of detached houses houses are smaller than WREKIN VIEW, and 93% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

WREKIN VIEW: Plot and Title Map

WREKIN VIEW sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of WREKIN VIEW, 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 WREKIN VIEW). 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 WREKIN VIEW?

WREKIN VIEW is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of WREKIN VIEW in CROSS HOUSES.