RIVI, MORETON STREET, PREES, WHITCHURCH, SY13 2EQ - £200,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

RIVI is a very small extended semi-detached house of 82m², built sometime between 1996 and 2002. It was last sold for £200,000 in May 2024, which was around 49% below the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was D.

RIVI Sold Prices

Land registry data shows three sales for RIVI 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 RIVI 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
2024 9 MAY	£200,000	£389,203	49% below HPI
2023 8 SEP	£183,000	£392,503	53% below HPI
2005 6 DEC	£155,000	£243,781	36% below HPI

RIVI 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 RIVI sales between December 2005 and May 2024 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 September 2023 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2024 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is RIVI?

RIVI is 82m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Prees, based on EPC data. The below chart shows the distribution of detached houses by size in Prees, and where RIVI lies on this distribution: 15% of detached houses are smaller than RIVI, and 84% of houses are larger. Note that EPC data is not available for all properties in Prees.

RIVI: Plot and Title Map

RIVI sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of RIVI, 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 RIVI). 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 RIVI?

RIVI is located on MORETON STREET in PREES, in the SY13 postcode district. The below map shows the position of RIVI on MORETON STREET.