5, ALVERLEY CLOSE, SHREWSBURY, SY3 8LS - £357,350

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

5 ALVERLEY CLOSE is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £357,350 in March 2023, which was around 8% below the average March 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

5 ALVERLEY CLOSE Sold Prices

Land registry data shows two sales for 5 ALVERLEY 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 5 ALVERLEY CLOSE 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
2023 31 MAR	£357,350	£387,847	8% below HPI
2000 23 JUN	£110,000	£119,041	8% below HPI

5 ALVERLEY 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 5 ALVERLEY CLOSE sales from June 2000 and March 2023 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 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2023 sale, which was also at 8% below the HPI.

How Large is 5 ALVERLEY CLOSE?

5 ALVERLEY CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 5 ALVERLEY CLOSE lies on this distribution: 9% of detached houses are smaller than 5 ALVERLEY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 ALVERLEY CLOSE: Plot and Title Map

5 ALVERLEY CLOSE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 5 ALVERLEY 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 5 ALVERLEY 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 5 ALVERLEY CLOSE?

5 ALVERLEY CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 5 on ALVERLEY CLOSE.