17, FORGE WAY, DORRINGTON, SHREWSBURY, SY5 7HQ - £195,000

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.

17 FORGE WAY is a very small terraced house of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £202,576. It was last sold for £195,000 in August 2022, which was about the average August 2022 terraced price in the Shropshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

17 FORGE WAY Sold Prices

Land registry data shows four sales for 17 FORGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. The four 17 FORGE WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2022 31 AUG	£195,000	£195,784	Close to HPI
2008 27 JUN	£150,000	£138,257	8% above HPI
2007 26 OCT	£143,250	£146,169	2% below HPI
2004 25 OCT	£129,950	£118,843	9% above HPI

17 FORGE 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 four 17 FORGE WAY sales between October 2004 and August 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 June 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 17 FORGE WAY be worth now?

17 FORGE WAY might now be worth an estimated £202,576.

This is based on house price inflation of 3.9%, between August 2022 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 3.9% inflationary increase is applied to the most recent sale price for 17 FORGE WAY of £195,000 on 31st August 2022. For the value to have increased from £195,000 to £202,576 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 17 FORGE WAY has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The August 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FORGE WAY has not materially changed since August 2022.

How Large is 17 FORGE WAY?

17 FORGE WAY is 60m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of terraced houses houses in Dorrington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dorrington, and where 17 FORGE WAY lies on this distribution: 1% of terraced houses houses are smaller than 17 FORGE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Dorrington.

17 FORGE WAY: Plot and Title Map

17 FORGE WAY sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 17 FORGE 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 17 FORGE 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 17 FORGE WAY?

17 FORGE WAY is located in DORRINGTON, in the SY5 postcode district. The below map shows the position of No. 17 on FORGE WAY.