3, MURRELL WAY, SHREWSBURY, SY2 6FN - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MURRELL WAY is a very large detached house of 151m². It was last sold for £440,000 in December 2021, which was around 23% above the average December 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

3 MURRELL WAY Sold Prices

Land registry data shows three sales for 3 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. All of the three 3 MURRELL WAY 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
2021 6 DEC	£440,000	£358,369	23% above HPI
2021 19 NOV	£360,000	£351,941	2% above HPI
2015 24 APR	£360,000	£263,980	36% above HPI

3 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 3 MURRELL WAY sales between April 2015 and December 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 November 2021 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 3 MURRELL WAY?

3 MURRELL WAY is 151m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 3 MURRELL WAY lies on this distribution: 80% of detached houses are smaller than 3 MURRELL WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 MURRELL WAY: Plot and Title Map

3 MURRELL WAY sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 3 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 3 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 3 MURRELL WAY?

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