1, DIAMOND WAY, ELLESMERE, SY12 0FH - £165,000

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.

1 DIAMOND WAY is a very small terraced house of 77m², which could now be worth an estimated £238,925. It was last sold for £165,000 in October 2015, which was around 17% above the average October 2015 terraced price in the Shropshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 DIAMOND WAY Sold Prices

Land registry data shows two sales for 1 DIAMOND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Both of the two 1 DIAMOND 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 29 OCT	£165,000	£140,460	17% above HPI
2014 30 MAY	£164,995	£133,332	24% above HPI

1 DIAMOND WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The two 1 DIAMOND WAY sales from May 2014 and October 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 May 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 DIAMOND WAY be worth now?

1 DIAMOND WAY might now be worth an estimated £238,925.

This is based on house price inflation of 44.8%, between October 2015 and June 2025, for terraced 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 44.8% inflationary increase is applied to the most recent sale price for 1 DIAMOND WAY of £165,000 on 29th October 2015. For the value to have increased from £165,000 to £238,925 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 1 DIAMOND WAY has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The October 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DIAMOND WAY has not materially changed since October 2015.

How Large is 1 DIAMOND WAY?

1 DIAMOND WAY is 77m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of terraced houses houses in Ellesmere, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ellesmere, and where 1 DIAMOND WAY lies on this distribution: 12% of terraced houses houses are smaller than 1 DIAMOND WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Ellesmere.

1 DIAMOND WAY: Plot and Title Map

1 DIAMOND WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 1 DIAMOND 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 1 DIAMOND 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 1 DIAMOND WAY?

1 DIAMOND WAY is located in ELLESMERE, in the SY12 postcode district. The below map shows the position of No. 1 on DIAMOND WAY.