24, MURRELL WAY, SHREWSBURY, SY2 6FL - £385,000

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.

24 MURRELL WAY is a midsized detached house of 122m², which could now be worth an estimated £403,832. It was last sold for £385,000 in June 2024, which was around 3% below the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

24 MURRELL WAY Sold Prices

Land registry data shows three sales for 24 MURRELL 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. Two of the three 24 MURRELL WAY sales were for below the average price, whilst one 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
2024 21 JUN	£385,000	£397,826	3% below HPI
2020 13 NOV	£338,000	£343,756	2% below HPI
2016 18 FEB	£317,500	£288,557	10% above HPI

24 MURRELL 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 24 MURRELL WAY sales between February 2016 and June 2024 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 November 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 24 MURRELL WAY be worth now?

24 MURRELL WAY might now be worth an estimated £403,832.

This is based on house price inflation of 4.9%, between June 2024 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 4.9% inflationary increase is applied to the most recent sale price for 24 MURRELL WAY of £385,000 on 21st June 2024. For the value to have increased from £385,000 to £403,832 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 24 MURRELL WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2024 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MURRELL WAY has not materially changed since June 2024.

How Large is 24 MURRELL WAY?

24 MURRELL WAY is 122m² according to the EPC inspection conducted in December 2015. This puts it in the largest 40% 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 24 MURRELL WAY lies on this distribution: 59% of detached houses houses are smaller than 24 MURRELL WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

24 MURRELL WAY: Plot and Title Map

24 MURRELL WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 24 MURRELL 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 24 MURRELL 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 24 MURRELL WAY?

24 MURRELL WAY is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 24 on MURRELL WAY.