103, HERITAGE WAY, LLANYMYNECH, SY22 6LN - £115,000

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.

103 HERITAGE WAY is a very small terraced house of 55m², which could now be worth an estimated £157,458. It was last sold for £115,000 in May 2018, which was around 23% below the average May 2018 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 A.

103 HERITAGE WAY Sold Prices

Land registry data shows three sales for 103 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. All of the three 103 HERITAGE WAY 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
2018 18 MAY	£115,000	£148,547	23% below HPI
2016 13 MAY	£113,000	£141,368	20% below HPI
2015 7 JUL	£103,995	£137,280	24% below HPI

103 HERITAGE 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 three 103 HERITAGE WAY sales between July 2015 and May 2018 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 103 HERITAGE WAY be worth now?

103 HERITAGE WAY might now be worth an estimated £157,458.

This is based on house price inflation of 36.9%, between May 2018 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 36.9% inflationary increase is applied to the most recent sale price for 103 HERITAGE WAY of £115,000 on 18th May 2018. For the value to have increased from £115,000 to £157,458 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 103 HERITAGE WAY has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The May 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 103 HERITAGE WAY has not materially changed since May 2018.

How Large is 103 HERITAGE WAY?

103 HERITAGE WAY is 55m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Llanymynech, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Llanymynech, and where 103 HERITAGE WAY lies on this distribution: 4% of terraced houses houses are smaller than 103 HERITAGE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Llanymynech.

103 HERITAGE WAY: Plot and Title Map

103 HERITAGE WAY sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 103 HERITAGE 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 103 HERITAGE 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 103 HERITAGE WAY?

103 HERITAGE WAY is located in LLANYMYNECH, in the SY22 postcode district. The below map shows the position of No. 103 on HERITAGE WAY.