3, GREGSON CLOSE, SHREWSBURY, SY2 5EJ - £430,000

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.

3 GREGSON CLOSE is a very large extended detached house of 223m², built sometime between 1996 and 2002, which could now be worth an estimated £651,026. It was last sold for £430,000 in March 2008, which was around 56% above the average March 2008 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

3 GREGSON CLOSE Sold Prices

Land registry data shows three sales for 3 GREGSON CLOSE 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 3 GREGSON CLOSE sales were 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
2008 3 MAR	£430,000	£275,615	56% above HPI
2003 13 FEB	£277,000	£188,103	47% above HPI
1999 26 MAR	£155,000	£103,691	49% above HPI

3 GREGSON 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 three 3 GREGSON CLOSE sales between March 1999 and March 2008 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 2003 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2008 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 3 GREGSON CLOSE be worth now?

3 GREGSON CLOSE might now be worth an estimated £651,026.

This is based on house price inflation of 51.4%, between March 2008 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 51.4% inflationary increase is applied to the most recent sale price for 3 GREGSON CLOSE of £430,000 on 3rd March 2008. For the value to have increased from £430,000 to £651,026 over the seventeen years and one month to February 2025, the following assumptions must hold true:

• The value of 3 GREGSON CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2008 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GREGSON CLOSE has not materially changed since March 2008.

How Large is 3 GREGSON CLOSE?

3 GREGSON CLOSE is 223m², which includes four extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% 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 3 GREGSON CLOSE lies on this distribution: 96% of detached houses houses are smaller than 3 GREGSON CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 GREGSON CLOSE: Plot and Title Map

3 GREGSON CLOSE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 3 GREGSON 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 3 GREGSON 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 3 GREGSON CLOSE?

3 GREGSON CLOSE is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 3 on GREGSON CLOSE.