3, MEADOWBROOK CLOSE, ALVELEY, BRIDGNORTH, WV15 6PD - £270,000

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 MEADOWBROOK CLOSE is a small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £306,028. It was last sold for £270,000 in March 2022, which was around 17% above the average March 2022 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

3 MEADOWBROOK CLOSE Sold Prices

Land registry data shows three sales for 3 MEADOWBROOK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. Two of the three 3 MEADOWBROOK CLOSE sales were for above the average price, whilst one 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
2022 14 MAR	£270,000	£229,957	17% above HPI
2016 6 MAY	£160,000	£174,562	8% below HPI
2002 5 APR	£94,950	£87,198	9% above HPI

3 MEADOWBROOK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 3 MEADOWBROOK CLOSE sales between April 2002 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 May 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 MEADOWBROOK CLOSE be worth now?

3 MEADOWBROOK CLOSE might now be worth an estimated £306,028.

This is based on house price inflation of 13.3%, between March 2022 and February 2025, for semi-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 13.3% inflationary increase is applied to the most recent sale price for 3 MEADOWBROOK CLOSE of £270,000 on 14th March 2022. For the value to have increased from £270,000 to £306,028 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 3 MEADOWBROOK CLOSE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The March 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOWBROOK CLOSE has not materially changed since March 2022.

How Large is 3 MEADOWBROOK CLOSE?

3 MEADOWBROOK CLOSE is 86m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of semi-detached houses houses in Alveley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Alveley, and where 3 MEADOWBROOK CLOSE lies on this distribution: 35% of semi-detached houses houses are smaller than 3 MEADOWBROOK CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Alveley.

3 MEADOWBROOK CLOSE: Plot and Title Map

3 MEADOWBROOK CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 3 MEADOWBROOK 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 MEADOWBROOK 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 MEADOWBROOK CLOSE?

3 MEADOWBROOK CLOSE is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 3 on MEADOWBROOK CLOSE.