3, ROMAN CLOSE, SHREWSBURY, SY3 7HZ - £425,000

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 ROMAN CLOSE is a very large extended detached house of 157m², built sometime between 1900 and 1929, which could now be worth an estimated £561,428. It was last sold for £425,000 in July 2019, which was around 35% above the average July 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

3 ROMAN CLOSE Sold Prices

Land registry data shows two sales for 3 ROMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 3 ROMAN 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
2019 26 JUL	£425,000	£315,884	35% above HPI
1997 13 JUN	£93,000	£92,154	1% above HPI

3 ROMAN 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 two 3 ROMAN CLOSE sales from June 1997 and July 2019 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 June 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 3 ROMAN CLOSE be worth now?

3 ROMAN CLOSE might now be worth an estimated £561,428.

This is based on house price inflation of 32.1%, between July 2019 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 32.1% inflationary increase is applied to the most recent sale price for 3 ROMAN CLOSE of £425,000 on 26th July 2019. For the value to have increased from £425,000 to £561,428 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 3 ROMAN CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROMAN CLOSE has not materially changed since July 2019.

How Large is 3 ROMAN CLOSE?

3 ROMAN CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% 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 ROMAN CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 ROMAN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 ROMAN CLOSE: Plot and Title Map

3 ROMAN CLOSE sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of 3 ROMAN 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 ROMAN 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 ROMAN CLOSE?

3 ROMAN CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 3 on ROMAN CLOSE.