7, MORNINGTON CLOSE, SHREWSBURY, SY3 8XN - £350,000

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.

7 MORNINGTON CLOSE is a large detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £421,054. It was last sold for £350,000 in February 2021, which was around 1% above the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

7 MORNINGTON CLOSE Sold Prices

Land registry data shows three sales for 7 MORNINGTON CLOSE 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 7 MORNINGTON CLOSE 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 26 FEB	£350,000	£346,867	1% above HPI
2015 19 FEB	£288,160	£273,449	5% above HPI
2001 11 JUL	£154,950	£138,555	12% above HPI

7 MORNINGTON CLOSE 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 7 MORNINGTON CLOSE sales between July 2001 and February 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 February 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 MORNINGTON CLOSE be worth now?

7 MORNINGTON CLOSE might now be worth an estimated £421,054.

This is based on house price inflation of 20.3%, between February 2021 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 20.3% inflationary increase is applied to the most recent sale price for 7 MORNINGTON CLOSE of £350,000 on 26th February 2021. For the value to have increased from £350,000 to £421,054 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 MORNINGTON CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MORNINGTON CLOSE has not materially changed since February 2021.

How Large is 7 MORNINGTON CLOSE?

7 MORNINGTON CLOSE is 128m² according to the EPC inspection conducted in August 2019. This puts it in the largest 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 7 MORNINGTON CLOSE lies on this distribution: 66% of detached houses houses are smaller than 7 MORNINGTON CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

7 MORNINGTON CLOSE: Plot and Title Map

7 MORNINGTON CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 7 MORNINGTON CLOSE, 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 MORNINGTON CLOSE). 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 MORNINGTON CLOSE?

7 MORNINGTON CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 7 on MORNINGTON CLOSE.