3, CAVENDISH CLOSE, BICTON HEATH, SHREWSBURY, SY3 5PG - £540,000

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.

3 CAVENDISH CLOSE is a very large detached house of 182m², built sometime between 1996 and 2002, which could now be worth an estimated £602,304. It was last sold for £540,000 in December 2021, which was around 47% above the average December 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

3 CAVENDISH CLOSE Sold Prices

Land registry data shows four sales for 3 CAVENDISH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 3 CAVENDISH 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 17 DEC	£540,000	£368,380	47% above HPI
2018 14 JUN	£460,000	£307,892	49% above HPI
2005 18 MAY	£360,000	£243,525	48% above HPI
1999 26 AUG	£199,995	£110,806	80% above HPI

3 CAVENDISH 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 four 3 CAVENDISH CLOSE sales between August 1999 and December 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 June 2018 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 3 CAVENDISH CLOSE be worth now?

3 CAVENDISH CLOSE might now be worth an estimated £602,304.

This is based on house price inflation of 11.5%, between December 2021 and June 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 11.5% inflationary increase is applied to the most recent sale price for 3 CAVENDISH CLOSE of £540,000 on 17th December 2021. For the value to have increased from £540,000 to £602,304 over the four years and six months to June 2025, the following assumptions must hold true:

• The value of 3 CAVENDISH CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CAVENDISH CLOSE has not materially changed since December 2021.

How Large is 3 CAVENDISH CLOSE?

3 CAVENDISH CLOSE is 182m² according to the EPC inspection conducted in January 2018. This puts it in the largest 10% 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 3 CAVENDISH CLOSE lies on this distribution: 91% of detached houses houses are smaller than 3 CAVENDISH CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 CAVENDISH CLOSE: Plot and Title Map

3 CAVENDISH CLOSE sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 3 CAVENDISH 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 3 CAVENDISH 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 3 CAVENDISH CLOSE?

3 CAVENDISH CLOSE is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 3 on CAVENDISH CLOSE.