5, MARSHGATE, BICTON HEATH, SHREWSBURY, SY3 5PP - £277,500

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 MARSHGATE is a small detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £360,476. It was last sold for £277,500 in February 2019, which was around 13% below the average February 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

5 MARSHGATE Sold Prices

Land registry data shows two sales for 5 MARSHGATE 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 MARSHGATE 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
2019 15 FEB	£277,500	£319,967	13% below HPI
1999 25 JUN	£101,000	£104,891	4% below HPI

5 MARSHGATE 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 MARSHGATE sales from June 1999 and February 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 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 MARSHGATE be worth now?

5 MARSHGATE might now be worth an estimated £360,476.

This is based on house price inflation of 29.9%, between February 2019 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 29.9% inflationary increase is applied to the most recent sale price for 5 MARSHGATE of £277,500 on 15th February 2019. For the value to have increased from £277,500 to £360,476 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 5 MARSHGATE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2019 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MARSHGATE has not materially changed since February 2019.

How Large is 5 MARSHGATE?

5 MARSHGATE is 105m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% 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 MARSHGATE lies on this distribution: 36% of detached houses houses are smaller than 5 MARSHGATE, and 63% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 MARSHGATE: Plot and Title Map

5 MARSHGATE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 MARSHGATE, 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 MARSHGATE). 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 MARSHGATE?

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