14, MELTON WAY, SHREWSBURY, SY3 6DW - £250,000

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 MELTON WAY is a midsized extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £414,640. It was last sold for £250,000 in October 2009, which was around 1% below the average October 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

14 MELTON WAY Sold Prices

Land registry data shows two sales for 14 MELTON WAY 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. One of the two 14 MELTON WAY sales was for below the average price, whilst the other 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
2009 23 OCT	£250,000	£251,595	1% below HPI
2002 29 JUL	£187,000	£165,186	13% above HPI

14 MELTON WAY 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 14 MELTON WAY sales from July 2002 and October 2009 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 July 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2009 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 14 MELTON WAY be worth now?

14 MELTON WAY might now be worth an estimated £414,640.

This is based on house price inflation of 65.9%, between October 2009 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 65.9% inflationary increase is applied to the most recent sale price for 14 MELTON WAY of £250,000 on 23rd October 2009. For the value to have increased from £250,000 to £414,640 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 MELTON WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MELTON WAY has not materially changed since October 2009.

How Large is 14 MELTON WAY?

14 MELTON WAY is 122m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 14 MELTON WAY lies on this distribution: 59% of detached houses houses are smaller than 14 MELTON WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

14 MELTON WAY: Plot and Title Map

14 MELTON WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 14 MELTON 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 14 MELTON 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 14 MELTON WAY?

14 MELTON WAY is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 14 on MELTON WAY.