1, MERLIN ROAD, SHREWSBURY, SY3 8XP - £315,000

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.

1 MERLIN ROAD is a midsized detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £416,605. It was last sold for £315,000 in August 2019, which was about the average August 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

1 MERLIN ROAD Sold Prices

Land registry data shows two sales for 1 MERLIN ROAD 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. One of the two 1 MERLIN ROAD sales was roughly equal to the average price, whilst the other was 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
2019 16 AUG	£315,000	£315,514	Close to HPI
2014 6 JUN	£255,000	£265,498	4% below HPI

1 MERLIN ROAD 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 1 MERLIN ROAD sales from June 2014 and August 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 June 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 MERLIN ROAD be worth now?

1 MERLIN ROAD might now be worth an estimated £416,605.

This is based on house price inflation of 32.3%, between August 2019 and February 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 32.3% inflationary increase is applied to the most recent sale price for 1 MERLIN ROAD of £315,000 on 16th August 2019. For the value to have increased from £315,000 to £416,605 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 1 MERLIN ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERLIN ROAD has not materially changed since August 2019.

How Large is 1 MERLIN ROAD?

1 MERLIN ROAD is 122m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 1 MERLIN ROAD lies on this distribution: 59% of detached houses houses are smaller than 1 MERLIN ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

1 MERLIN ROAD: Plot and Title Map

1 MERLIN ROAD sits on a plot of roughly 0.192 of an acre, or 778m². The below map shows the location of 1 MERLIN ROAD, 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 1 MERLIN ROAD). 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 1 MERLIN ROAD?

1 MERLIN ROAD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 1 on MERLIN ROAD.