7, MILL MEADOW, SHREWSBURY, SY2 6EU - £385,000

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

7 MILL MEADOW is a very large extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £385,000 in September 2013, which was around 50% above the average September 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

7 MILL MEADOW Sold Prices

Land registry data shows two sales for 7 MILL MEADOW 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 7 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
2013 16 SEP	£385,000	£256,455	50% above HPI
1999 5 NOV	£199,950	£108,807	84% above HPI

7 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 two 7 MILL MEADOW sales from November 1999 and September 2013 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 November 1999 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the September 2013 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 7 MILL MEADOW?

7 MILL MEADOW is 163m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 7 MILL MEADOW lies on this distribution: 86% of detached houses are smaller than 7 MILL MEADOW, and 14% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

7 MILL MEADOW: Plot and Title Map

7 MILL MEADOW sits on a plot of roughly 0.123 of an acre, or 500m². The below map shows the location of 7 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 7 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 7 MILL MEADOW?

7 MILL MEADOW is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 7 on MILL MEADOW.