5, MERLIN ROAD, SHREWSBURY, SY3 8XP - £389,000

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.

5 MERLIN ROAD is a very large detached house of 166m², built sometime between 1976 and 1982, which could now be worth an estimated £593,795. It was last sold for £389,000 in September 2014, which was around 42% above the average September 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 MERLIN ROAD Sold Prices

Land registry data shows three sales for 5 MERLIN ROAD 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 MERLIN ROAD 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
2014 5 SEP	£389,000	£273,367	42% above HPI
2005 5 DEC	£280,000	£250,591	12% above HPI
2003 4 JUL	£248,500	£200,871	24% above HPI

5 MERLIN ROAD 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 MERLIN ROAD sales between July 2003 and September 2014 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 December 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2014 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 5 MERLIN ROAD be worth now?

5 MERLIN ROAD might now be worth an estimated £593,795.

This is based on house price inflation of 52.6%, between September 2014 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 52.6% inflationary increase is applied to the most recent sale price for 5 MERLIN ROAD of £389,000 on 5th September 2014. For the value to have increased from £389,000 to £593,795 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 MERLIN ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2014 sale price of £389,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERLIN ROAD has not materially changed since September 2014.

How Large is 5 MERLIN ROAD?

5 MERLIN ROAD is 166m² according to the EPC inspection conducted in July 2014. 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 5 MERLIN ROAD lies on this distribution: 87% of detached houses houses are smaller than 5 MERLIN ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 MERLIN ROAD: Plot and Title Map

5 MERLIN ROAD sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 5 MERLIN ROAD, 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 MERLIN ROAD). 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 MERLIN ROAD?

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