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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MALT RISE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £245,000 in August 2021, which was around 14% 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	£284,629	14% below HPI
1996 18 DEC	£55,000	£69,401	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 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Crewgreen, based on EPC data. The below chart shows the distribution of detached houses by size in Crewgreen, and where 2 MALT RISE lies on this distribution: 2% of detached 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.