2, ALVASTON WAY, SHREWSBURY, SY2 5TT - £279,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 ALVASTON WAY is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £279,000 in June 2021, which was around 18% below the average June 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

2 ALVASTON WAY Sold Prices

Land registry data shows three sales for 2 ALVASTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 2 ALVASTON WAY 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
2021 30 JUN	£279,000	£341,731	18% below HPI
2012 19 DEC	£175,000	£250,828	30% below HPI
1997 24 JUN	£79,950	£89,650	11% below HPI

2 ALVASTON 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 three 2 ALVASTON WAY sales between June 1997 and June 2021 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 December 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 ALVASTON WAY?

2 ALVASTON WAY is 96m², which includes one extension, according to the EPC inspection conducted in February 2021. 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 2 ALVASTON WAY lies on this distribution: 26% of detached houses are smaller than 2 ALVASTON WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 ALVASTON WAY: Plot and Title Map

2 ALVASTON WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 ALVASTON 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 2 ALVASTON 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 2 ALVASTON WAY?

2 ALVASTON WAY is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 2 on ALVASTON WAY.