5, CAVENDISH CLOSE, BICTON HEATH, SHREWSBURY, SY3 5PG - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CAVENDISH CLOSE is a very large detached house of 193m², built sometime between 1996 and 2002, which could now be worth an estimated £562,032. It was last sold for £550,000 in January 2023, which was around 35% above the average January 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

5 CAVENDISH CLOSE Sold Prices

Land registry data shows three sales for 5 CAVENDISH 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 5 CAVENDISH 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
2023 16 JAN	£550,000	£406,743	35% above HPI
2005 18 MAR	£352,500	£240,513	47% above HPI
1999 26 AUG	£199,995	£110,806	80% above HPI

5 CAVENDISH 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 5 CAVENDISH CLOSE sales between August 1999 and January 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 March 2005 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the January 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 5 CAVENDISH CLOSE be worth now?

5 CAVENDISH CLOSE might now be worth an estimated £562,032.

This is based on house price inflation of 2.2%, between January 2023 and December 2024, 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 2.2% inflationary increase is applied to the most recent sale price for 5 CAVENDISH CLOSE of £550,000 on 16th January 2023. For the value to have increased from £550,000 to £562,032 over the one month to December 2024, the following assumptions must hold true:

• The value of 5 CAVENDISH CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The January 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CAVENDISH CLOSE has not materially changed since January 2023.

How Large is 5 CAVENDISH CLOSE?

5 CAVENDISH CLOSE is 193m² according to the EPC inspection conducted in April 2019. 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 5 CAVENDISH CLOSE lies on this distribution: 93% of detached houses houses are smaller than 5 CAVENDISH CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 CAVENDISH CLOSE: Plot and Title Map

5 CAVENDISH CLOSE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 5 CAVENDISH 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 CAVENDISH 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 CAVENDISH CLOSE?

5 CAVENDISH CLOSE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 5 on CAVENDISH CLOSE.