48A, CLEVELAND STREET, SHREWSBURY, SY2 5DN - £292,500

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

48A CLEVELAND STREET is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £292,500 in November 2021, which was around 17% below the average November 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

48A CLEVELAND STREET Sold Prices

Land registry data shows three sales for 48A CLEVELAND STREET 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 48A CLEVELAND STREET 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 2 NOV	£292,500	£351,941	17% below HPI
2014 2 MAY	£170,000	£259,575	35% below HPI
1999 17 SEP	£72,000	£108,634	34% below HPI

48A CLEVELAND STREET 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 48A CLEVELAND STREET sales between September 1999 and November 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 May 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 48A CLEVELAND STREET?

48A CLEVELAND STREET is 69m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 48A CLEVELAND STREET lies on this distribution: 4% of detached houses are smaller than 48A CLEVELAND STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

48A CLEVELAND STREET: Plot and Title Map

48A CLEVELAND STREET sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 48A CLEVELAND STREET, 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 48A CLEVELAND STREET). 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 48A CLEVELAND STREET?

48A CLEVELAND STREET is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 48A on CLEVELAND STREET.