12, BROOM DRIVE, MINSTERLEY, SHREWSBURY, SY5 0AZ - £220,000

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

12 BROOM DRIVE is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £220,000 in February 2020, which was around 30% below the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

12 BROOM DRIVE Sold Prices

Land registry data shows four sales for 12 BROOM DRIVE 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 12 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
2020 21 FEB	£220,000	£312,843	30% below HPI
2019 12 JUL	£219,000	£307,300	29% below HPI
2001 21 SEP	£115,000	£140,055	18% below HPI
1997 24 NOV	£80,000	£94,548	15% below HPI

12 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 four 12 BROOM DRIVE sales between November 1997 and February 2020 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 July 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 BROOM DRIVE?

12 BROOM DRIVE is 92m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Minsterley, based on EPC data. The below chart shows the distribution of detached houses by size in Minsterley, and where 12 BROOM DRIVE lies on this distribution: 39% of detached houses are smaller than 12 BROOM DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

12 BROOM DRIVE: Plot and Title Map

12 BROOM DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 12 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 12 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 12 BROOM DRIVE?

12 BROOM DRIVE is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of No. 12 on BROOM DRIVE.