2, COMPTON MEWS, FORD, SHREWSBURY, SY5 9NX - £123,000

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.

2 COMPTON MEWS is a very small terraced house of 43m², built sometime between 1991 and 1995, which could now be worth an estimated £176,980. It was last sold for £123,000 in May 2017, which was around 15% below the average May 2017 terraced price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was A.

2 COMPTON MEWS Sold Prices

Land registry data shows two sales for 2 COMPTON MEWS 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 2 COMPTON MEWS 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
2017 12 MAY	£123,000	£145,523	15% below HPI
2000 20 DEC	£42,500	£57,396	26% below HPI

2 COMPTON MEWS 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 2 COMPTON MEWS sales from December 2000 and May 2017 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 December 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 COMPTON MEWS be worth now?

2 COMPTON MEWS might now be worth an estimated £176,980.

This is based on house price inflation of 43.9%, between May 2017 and May 2026, 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 43.9% inflationary increase is applied to the most recent sale price for 2 COMPTON MEWS of £123,000 on 12th May 2017. For the value to have increased from £123,000 to £176,980 over the nine years to May 2026, the following assumptions must hold true:

• The value of 2 COMPTON MEWS has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The May 2017 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COMPTON MEWS has not materially changed since May 2017.

How Large is 2 COMPTON MEWS?

2 COMPTON MEWS is 43m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses houses in Ford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ford, and where 2 COMPTON MEWS lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 COMPTON MEWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ford.

2 COMPTON MEWS: Plot and Title Map

2 COMPTON MEWS sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 2 COMPTON MEWS, 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 2 COMPTON MEWS). 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 2 COMPTON MEWS?

2 COMPTON MEWS is located in FORD, in the SY5 postcode district. The below map shows the position of No. 2 on COMPTON MEWS.