23, ALVERLEY CLOSE, SHREWSBURY, SY3 8LS - £350,000

23 ALVERLEY CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £350,000 in May 2023, which was around 7% below the average May 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

23 ALVERLEY CLOSE Sold Prices

Land registry data shows three sales for 23 ALVERLEY CLOSE 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. Two of the three 23 ALVERLEY CLOSE sales were for below the average price, whilst one was 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
2023 5 MAY	£350,000	£377,427	7% below HPI
2001 29 MAR	£145,000	£125,238	16% above HPI
1997 3 NOV	£77,000	£94,548	19% below HPI

23 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 three 23 ALVERLEY CLOSE sales between November 1997 and May 2023 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 March 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 23 ALVERLEY CLOSE?

23 ALVERLEY CLOSE is 77m² according to the EPC inspection conducted in January 2023. 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 23 ALVERLEY CLOSE lies on this distribution: 9% of detached houses are smaller than 23 ALVERLEY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

23 ALVERLEY CLOSE: Plot and Title Map

23 ALVERLEY CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 23 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 23 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 23 ALVERLEY CLOSE?

23 ALVERLEY CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 23 on ALVERLEY CLOSE.