5, MILL MEADOW, SHREWSBURY, SY2 6EU - £488,000

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 MILL MEADOW is a very large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £488,000 in October 2021, which was around 39% above the average October 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

5 MILL MEADOW Sold Prices

Land registry data shows four sales for 5 MILL MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 5 MILL MEADOW 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
2021 21 OCT	£488,000	£350,456	39% above HPI
2011 21 OCT	£342,500	£253,642	35% above HPI
2006 12 APR	£360,000	£243,580	48% above HPI
1999 16 AUG	£175,000	£107,795	62% above HPI

5 MILL MEADOW 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 four 5 MILL MEADOW sales between August 1999 and October 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 October 2011 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 5 MILL MEADOW?

5 MILL MEADOW is 153m² according to the EPC inspection conducted in December 2020. This puts it in the largest 20% 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 MILL MEADOW lies on this distribution: 82% of detached houses are smaller than 5 MILL MEADOW, and 17% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 MILL MEADOW: Plot and Title Map

5 MILL MEADOW sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 5 MILL MEADOW, 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 MILL MEADOW). 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 MILL MEADOW?

5 MILL MEADOW is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 5 on MILL MEADOW.