119, MURRELL WAY, SHREWSBURY, SY2 6FN - £255,000

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.

119 MURRELL WAY is a very small semi-detached house of 79m², which could now be worth an estimated £304,822. It was last sold for £255,000 in September 2021, which was around 17% above the average September 2021 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

119 MURRELL WAY Sold Prices

Land registry data shows two sales for 119 MURRELL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 119 MURRELL WAY 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
2021 17 SEP	£255,000	£218,041	17% above HPI
2019 11 JAN	£230,000	£191,005	20% above HPI

119 MURRELL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 119 MURRELL WAY sales from January 2019 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 January 2019 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 119 MURRELL WAY be worth now?

119 MURRELL WAY might now be worth an estimated £304,822.

This is based on house price inflation of 19.5%, between September 2021 and February 2025, for semi-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 19.5% inflationary increase is applied to the most recent sale price for 119 MURRELL WAY of £255,000 on 17th September 2021. For the value to have increased from £255,000 to £304,822 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 119 MURRELL WAY has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The September 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 119 MURRELL WAY has not materially changed since September 2021.

How Large is 119 MURRELL WAY?

119 MURRELL WAY is 79m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of semi-detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shrewsbury, and where 119 MURRELL WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 119 MURRELL WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

119 MURRELL WAY: Plot and Title Map

119 MURRELL WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 119 MURRELL WAY, 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 119 MURRELL WAY). 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 119 MURRELL WAY?

119 MURRELL WAY is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 119 on MURRELL WAY.