14, MELBOURNE RISE, BICTON HEATH, SHREWSBURY, SY3 5DA - £135,000

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 MELBOURNE RISE is a very small semi-detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £222,722. It was last sold for £135,000 in December 2010, which was around 15% below the average December 2010 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

14 MELBOURNE RISE Sold Prices

Land registry data shows two sales for 14 MELBOURNE RISE 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 14 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
2010 10 DEC	£135,000	£157,985	15% below HPI
1997 28 OCT	£44,000	£56,698	22% below HPI

14 MELBOURNE RISE 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 14 MELBOURNE RISE sales from October 1997 and December 2010 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 October 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2010 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14 MELBOURNE RISE be worth now?

14 MELBOURNE RISE might now be worth an estimated £222,722.

This is based on house price inflation of 65%, between December 2010 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 65% inflationary increase is applied to the most recent sale price for 14 MELBOURNE RISE of £135,000 on 10th December 2010. For the value to have increased from £135,000 to £222,722 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 MELBOURNE RISE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The December 2010 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MELBOURNE RISE has not materially changed since December 2010.

How Large is 14 MELBOURNE RISE?

14 MELBOURNE RISE is 55m² according to the EPC inspection conducted in May 2017. 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 14 MELBOURNE RISE lies on this distribution: 1% of semi-detached houses houses are smaller than 14 MELBOURNE RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

14 MELBOURNE RISE: Plot and Title Map

14 MELBOURNE RISE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 14 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 14 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 14 MELBOURNE RISE?

14 MELBOURNE RISE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 14 on MELBOURNE RISE.