14, MALT RISE, CREW GREEN, SHREWSBURY, SY5 9EU - £230,000

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.

14 MALT RISE is a small detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £301,246. It was last sold for £230,000 in May 2019, which was around 7% below the average May 2019 detached price in the Powys local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

14 MALT RISE Sold Prices

Land registry data shows three sales for 14 MALT RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Two of the three 14 MALT RISE 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
2019 17 MAY	£230,000	£247,151	7% below HPI
2015 13 NOV	£202,500	£221,694	9% below HPI
2002 1 NOV	£149,995	£127,028	18% above HPI

14 MALT RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The three 14 MALT RISE sales between November 2002 and May 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 November 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 14 MALT RISE be worth now?

14 MALT RISE might now be worth an estimated £301,246.

This is based on house price inflation of 31%, between May 2019 and February 2025, for detached houses, in the Powys local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 14 MALT RISE of £230,000 on 17th May 2019. For the value to have increased from £230,000 to £301,246 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 14 MALT RISE has moved in line with the HPI for detached houses in the Powys local authority area.
• The May 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MALT RISE has not materially changed since May 2019.

How Large is 14 MALT RISE?

14 MALT RISE is 114m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses houses in Crewgreen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crewgreen, and where 14 MALT RISE lies on this distribution: 38% of detached houses houses are smaller than 14 MALT RISE, and 61% of houses are larger. Note that EPC data is not available for all properties in Crewgreen.

14 MALT RISE: Plot and Title Map

14 MALT RISE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 14 MALT 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 14 MALT 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 14 MALT RISE?

14 MALT RISE is located in CREW GREEN, in the SY5 postcode district. The below map shows the position of No. 14 on MALT RISE.