10, MELBOURNE RISE, BICTON HEATH, SHREWSBURY, SY3 5DA - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MELBOURNE RISE is a midsized detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £412,501. It was last sold for £350,000 in September 2021, which was around 1% below the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

10 MELBOURNE RISE Sold Prices

Land registry data shows two sales for 10 MELBOURNE RISE 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 10 MELBOURNE RISE 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
2021 13 SEP	£350,000	£354,059	1% below HPI
2018 9 FEB	£260,000	£308,008	16% below HPI

10 MELBOURNE RISE 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 10 MELBOURNE RISE sales from February 2018 and September 2021 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 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 10 MELBOURNE RISE be worth now?

10 MELBOURNE RISE might now be worth an estimated £412,501.

This is based on house price inflation of 17.9%, between September 2021 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 17.9% inflationary increase is applied to the most recent sale price for 10 MELBOURNE RISE of £350,000 on 13th September 2021. For the value to have increased from £350,000 to £412,501 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 MELBOURNE RISE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MELBOURNE RISE has not materially changed since September 2021.

How Large is 10 MELBOURNE RISE?

10 MELBOURNE RISE is 115m² according to the EPC inspection conducted in December 2017. This puts it in the largest 50% 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 10 MELBOURNE RISE lies on this distribution: 50% of detached houses houses are smaller than 10 MELBOURNE RISE, and 49% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

10 MELBOURNE RISE: Plot and Title Map

10 MELBOURNE RISE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 10 MELBOURNE RISE, 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 10 MELBOURNE RISE). 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 10 MELBOURNE RISE?

10 MELBOURNE RISE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 10 on MELBOURNE RISE.