CORNERWAYS, CONDOVER, SHREWSBURY, SY5 7AA - £472,500

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.

CORNERWAYS is a very large detached house of 212m², built sometime between 1976 and 1982, which could now be worth an estimated £671,543. It was last sold for £472,500 in September 2016, which was around 59% above the average September 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three CORNERWAYS 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
2016 30 SEP	£472,500	£296,708	59% above HPI
2014 30 JUN	£460,000	£265,498	73% above HPI
1998 18 JUN	£230,000	£98,938	132% above HPI

CORNERWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three CORNERWAYS sales between June 1998 and September 2016 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 2014 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2016 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might CORNERWAYS be worth now?

CORNERWAYS might now be worth an estimated £671,543.

This is based on house price inflation of 42.1%, between September 2016 and March 2025, for 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 42.1% inflationary increase is applied to the most recent sale price for CORNERWAYS of £472,500 on 30th September 2016. For the value to have increased from £472,500 to £671,543 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of CORNERWAYS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2016 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of CORNERWAYS has not materially changed since September 2016.

How Large is CORNERWAYS?

CORNERWAYS is 212m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses houses in Condover, based on EPC data. The below chart shows the distribution of detached houses houses by size in Condover, and where CORNERWAYS lies on this distribution: 96% of detached houses houses are smaller than CORNERWAYS, and 4% of houses are larger. Note that EPC data is not available for all properties in Condover.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located in CONDOVER, in the SY5 postcode district. The below map shows the position of CORNERWAYS in CONDOVER.