2, MALT RISE, CREW GREEN, SHREWSBURY, SY5 9EU - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MALT RISE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £276,477. It was last sold for £245,000 in August 2021, which was around 15% below the average August 2021 detached price in the Powys local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was A.

2 MALT RISE Sold Prices

Land registry data shows two sales for 2 MALT RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Both of the two 2 MALT 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
2021 27 AUG	£245,000	£286,856	15% below HPI
1996 18 DEC	£55,000	£69,944	21% below HPI

2 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 two 2 MALT RISE sales from December 1996 and August 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 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 MALT RISE be worth now?

2 MALT RISE might now be worth an estimated £276,477.

This is based on house price inflation of 12.8%, between August 2021 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 12.8% inflationary increase is applied to the most recent sale price for 2 MALT RISE of £245,000 on 27th August 2021. For the value to have increased from £245,000 to £276,477 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MALT RISE has moved in line with the HPI for detached houses in the Powys local authority area.
• The August 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALT RISE has not materially changed since August 2021.

How Large is 2 MALT RISE?

2 MALT RISE is 71m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 2 MALT RISE lies on this distribution: 2% of detached houses houses are smaller than 2 MALT RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Crewgreen.

2 MALT RISE: Plot and Title Map

2 MALT RISE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 2 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 2 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 2 MALT RISE?

2 MALT RISE is located in CREW GREEN, in the SY5 postcode district. The below map shows the position of No. 2 on MALT RISE.