MELVILLE HOUSE, STATION ROAD, BASCHURCH, SHREWSBURY, SY4 2BG - £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.

MELVILLE HOUSE is a large extended detached house of 139m², built sometime between 1900 and 1929, which could now be worth an estimated £388,049. It was last sold for £350,000 in March 2022, which was around 7% below the average March 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was F, and the potential energy rating was C.

MELVILLE HOUSE Sold Prices

Land registry data shows two sales for MELVILLE HOUSE 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 MELVILLE HOUSE 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
2022 2 MAR	£350,000	£376,369	7% below HPI
2020 6 NOV	£5,000	£343,756	99% below HPI

MELVILLE HOUSE 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 MELVILLE HOUSE sales from November 2020 and March 2022 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 2020 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the March 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might MELVILLE HOUSE be worth now?

MELVILLE HOUSE might now be worth an estimated £388,049.

This is based on house price inflation of 10.9%, between March 2022 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 10.9% inflationary increase is applied to the most recent sale price for MELVILLE HOUSE of £350,000 on 2nd March 2022. For the value to have increased from £350,000 to £388,049 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of MELVILLE HOUSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of MELVILLE HOUSE has not materially changed since March 2022.

How Large is MELVILLE HOUSE?

MELVILLE HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 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 MELVILLE HOUSE lies on this distribution: 67% of detached houses houses are smaller than MELVILLE HOUSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Baschurch.

MELVILLE HOUSE: Plot and Title Map

MELVILLE HOUSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of MELVILLE HOUSE, 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 MELVILLE HOUSE). 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 MELVILLE HOUSE?

MELVILLE HOUSE is located on STATION ROAD in BASCHURCH, in the SY4 postcode district. The below map shows the position of MELVILLE HOUSE on STATION ROAD.