16, ALVERLEY CLOSE, SHREWSBURY, SY3 8LS - £258,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 ALVERLEY CLOSE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £258,500 in November 2016, which was around 10% below the average November 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

16 ALVERLEY CLOSE Sold Prices

Land registry data shows four sales for 16 ALVERLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 16 ALVERLEY CLOSE 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
2016 18 NOV	£258,500	£288,273	10% below HPI
2014 14 FEB	£246,000	£252,135	2% below HPI
2006 22 SEP	£235,000	£263,056	11% below HPI
1999 26 MAR	£95,000	£100,874	6% below HPI

16 ALVERLEY CLOSE 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 four 16 ALVERLEY CLOSE sales between March 1999 and November 2016 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 February 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 ALVERLEY CLOSE?

16 ALVERLEY CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 16 ALVERLEY CLOSE lies on this distribution: 27% of detached houses are smaller than 16 ALVERLEY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

16 ALVERLEY CLOSE: Plot and Title Map

16 ALVERLEY CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 16 ALVERLEY CLOSE, 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 16 ALVERLEY CLOSE). 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 16 ALVERLEY CLOSE?

16 ALVERLEY CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 16 on ALVERLEY CLOSE.