IVY PATCH, PRESCOTT ROAD, PRESCOTT, SHREWSBURY, SY4 2DR - £549,000

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.

IVY PATCH is a small extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £722,839. It was last sold for £549,000 in June 2019, which was around 73% above the average June 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

IVY PATCH Sold Prices

Land registry data shows two sales for IVY PATCH 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. One of the two IVY PATCH sales was for above the average price, whilst the other was 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
2019 7 JUN	£549,000	£316,930	73% above HPI
2017 23 JUN	£252,500	£297,446	15% below HPI

IVY PATCH 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 IVY PATCH sales from June 2017 and June 2019 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 June 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2019 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might IVY PATCH be worth now?

IVY PATCH might now be worth an estimated £722,839.

This is based on house price inflation of 31.7%, between June 2019 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 31.7% inflationary increase is applied to the most recent sale price for IVY PATCH of £549,000 on 7th June 2019. For the value to have increased from £549,000 to £722,839 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of IVY PATCH has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2019 sale price of £549,000 represented a fair market value for the property.
• The size, condition, and specification of IVY PATCH has not materially changed since June 2019.

How Large is IVY PATCH?

IVY PATCH is 110m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses houses in Baschurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Baschurch, and where IVY PATCH lies on this distribution: 34% of detached houses houses are smaller than IVY PATCH, and 65% of houses are larger. Note that EPC data is not available for all properties in Baschurch.

IVY PATCH: Plot and Title Map

IVY PATCH sits on a plot of roughly 0.650 of an acre, or 2,631m². The below map shows the location of IVY PATCH, 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 IVY PATCH). 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 IVY PATCH?

IVY PATCH is located on PRESCOTT ROAD in PRESCOTT, in the SY4 postcode district. The below map shows the position of IVY PATCH on PRESCOTT ROAD.