12, MELROSE CRESCENT, LOPPINGTON, SHREWSBURY, SY4 5UL - £243,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MELROSE CRESCENT is a very small detached house of 98m². It was last sold for £243,000 in November 2018, which was around 21% below the average November 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

12 MELROSE CRESCENT Sold Prices

Land registry data shows two sales for 12 MELROSE CRESCENT 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 12 MELROSE CRESCENT 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
2018 29 NOV	£243,000	£308,838	21% below HPI
2016 24 MAR	£199,995	£283,329	29% below HPI

12 MELROSE CRESCENT 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 12 MELROSE CRESCENT sales from March 2016 and November 2018 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 MELROSE CRESCENT?

12 MELROSE CRESCENT is 98m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Loppington, based on EPC data. The below chart shows the distribution of detached houses by size in Loppington, and where 12 MELROSE CRESCENT lies on this distribution: 16% of detached houses are smaller than 12 MELROSE CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Loppington.

12 MELROSE CRESCENT: Plot and Title Map

12 MELROSE CRESCENT sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 12 MELROSE CRESCENT, 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 12 MELROSE CRESCENT). 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 12 MELROSE CRESCENT?

12 MELROSE CRESCENT is located in LOPPINGTON, in the SY4 postcode district. The below map shows the position of No. 12 on MELROSE CRESCENT.