7, MELVERLEY VIEW, CREW GREEN, SHREWSBURY, SY5 9AS - £167,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MELVERLEY VIEW is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £167,000 in February 2017, which was around 27% below the average February 2017 detached price in the Powys local authority area. The most recent EPC inspection was October 2016, where the current energy rating was G, and the potential energy rating was D.

7 MELVERLEY VIEW Sold Prices

Land registry data shows two sales for 7 MELVERLEY VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Both of the two 7 MELVERLEY VIEW 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
2017 17 FEB	£167,000	£227,840	27% below HPI
1996 8 OCT	£50,000	£72,151	31% below HPI

7 MELVERLEY VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The two 7 MELVERLEY VIEW sales from October 1996 and February 2017 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 MELVERLEY VIEW?

7 MELVERLEY VIEW is 84m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Crewgreen, based on EPC data. The below chart shows the distribution of detached houses by size in Crewgreen, and where 7 MELVERLEY VIEW lies on this distribution: 7% of detached houses are smaller than 7 MELVERLEY VIEW, and 93% of houses are larger. Note that EPC data is not available for all properties in Crewgreen.

7 MELVERLEY VIEW: Plot and Title Map

7 MELVERLEY VIEW sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 7 MELVERLEY VIEW, 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 7 MELVERLEY VIEW). 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 7 MELVERLEY VIEW?

7 MELVERLEY VIEW is located in CREW GREEN, in the SY5 postcode district. The below map shows the position of No. 7 on MELVERLEY VIEW.