2, ALVERLEY CLOSE, SHREWSBURY, SY3 8LS - £252,500

2 ALVERLEY CLOSE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £252,500 in October 2015, which was around 9% below the average October 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

2 ALVERLEY CLOSE Sold Prices

Land registry data shows two sales for 2 ALVERLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 2 ALVERLEY CLOSE 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
2015 2 OCT	£252,500	£278,296	9% below HPI
1997 12 FEB	£70,000	£86,555	19% below HPI

2 ALVERLEY CLOSE 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 two 2 ALVERLEY CLOSE sales from February 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 February 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 ALVERLEY CLOSE?

2 ALVERLEY CLOSE is 62m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 2 ALVERLEY CLOSE lies on this distribution: 3% of detached houses are smaller than 2 ALVERLEY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 ALVERLEY CLOSE: Plot and Title Map

2 ALVERLEY CLOSE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 2 ALVERLEY 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 2 ALVERLEY 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 2 ALVERLEY CLOSE?

2 ALVERLEY CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on ALVERLEY CLOSE.