9, FORGE WAY, DORRINGTON, SHREWSBURY, SY5 7HQ - £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.

9 FORGE WAY is a very small terraced house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £211,635. It was last sold for £165,000 in October 2019, which was around 4% above the average October 2019 terraced price in the Shropshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

9 FORGE WAY Sold Prices

Land registry data shows four sales for 9 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. All of the four 9 FORGE 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
2019 1 OCT	£165,000	£158,572	4% above HPI
2014 20 MAY	£160,000	£133,332	20% above HPI
2006 18 AUG	£167,000	£135,329	23% above HPI
2004 30 SEP	£155,000	£118,846	30% above HPI

9 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 9 FORGE WAY sales between September 2004 and October 2019 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 9 FORGE WAY be worth now?

9 FORGE WAY might now be worth an estimated £211,635.

This is based on house price inflation of 28.3%, between October 2019 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 28.3% inflationary increase is applied to the most recent sale price for 9 FORGE WAY of £165,000 on 1st October 2019. For the value to have increased from £165,000 to £211,635 over the six years and four months to June 2025, the following assumptions must hold true:

• The value of 9 FORGE WAY has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The October 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FORGE WAY has not materially changed since October 2019.

How Large is 9 FORGE WAY?

9 FORGE WAY is 75m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% 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 9 FORGE WAY lies on this distribution: 13% of terraced houses houses are smaller than 9 FORGE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Dorrington.

9 FORGE WAY: Plot and Title Map

9 FORGE WAY sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 9 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 9 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 9 FORGE WAY?

9 FORGE WAY is located in DORRINGTON, in the SY5 postcode district. The below map shows the position of No. 9 on FORGE WAY.