1, BROOM DRIVE, MINSTERLEY, SHREWSBURY, SY5 0AZ - £175,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 BROOM DRIVE is a midsized detached house of 97m², built sometime between 1983 and 1990. It was last sold for £175,000 in May 2015, which was around 34% below the average May 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

1 BROOM DRIVE Sold Prices

Land registry data shows two sales for 1 BROOM DRIVE 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 1 BROOM DRIVE 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
2015 18 MAY	£175,000	£266,330	34% below HPI
2012 10 AUG	£171,500	£250,158	31% below HPI

1 BROOM DRIVE 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 1 BROOM DRIVE sales from August 2012 and May 2015 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 August 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 BROOM DRIVE?

1 BROOM DRIVE is 97m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Minsterley, based on EPC data. The below chart shows the distribution of detached houses by size in Minsterley, and where 1 BROOM DRIVE lies on this distribution: 43% of detached houses are smaller than 1 BROOM DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

1 BROOM DRIVE: Plot and Title Map

1 BROOM DRIVE sits on a plot of roughly 0.195 of an acre, or 787m². The below map shows the location of 1 BROOM DRIVE, 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 1 BROOM DRIVE). 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 1 BROOM DRIVE?

1 BROOM DRIVE is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of No. 1 on BROOM DRIVE.