3, PINEWOOD CLOSE, SHREWSBURY, SY1 3SF - £176,000

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.

3 PINEWOOD CLOSE is a very small semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £264,020. It was last sold for £176,000 in October 2015, which was around 1% above the average October 2015 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

3 PINEWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 PINEWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. All of the three 3 PINEWOOD CLOSE 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 16 OCT	£176,000	£173,748	1% above HPI
2005 8 JUL	£165,000	£151,234	9% above HPI
1997 18 JUL	£58,000	£54,806	6% above HPI

3 PINEWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 3 PINEWOOD CLOSE sales between July 1997 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 July 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 PINEWOOD CLOSE be worth now?

3 PINEWOOD CLOSE might now be worth an estimated £264,020.

This is based on house price inflation of 50%, between October 2015 and February 2025, for semi-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 50% inflationary increase is applied to the most recent sale price for 3 PINEWOOD CLOSE of £176,000 on 16th October 2015. For the value to have increased from £176,000 to £264,020 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 PINEWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The October 2015 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PINEWOOD CLOSE has not materially changed since October 2015.

How Large is 3 PINEWOOD CLOSE?

3 PINEWOOD CLOSE is 84m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of semi-detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shrewsbury, and where 3 PINEWOOD CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 3 PINEWOOD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 PINEWOOD CLOSE: Plot and Title Map

3 PINEWOOD CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 3 PINEWOOD CLOSE, 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 3 PINEWOOD CLOSE). 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 3 PINEWOOD CLOSE?

3 PINEWOOD CLOSE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 3 on PINEWOOD CLOSE.