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

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.

12 BROOM DRIVE is a small detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £285,473. It was last sold for £220,000 in February 2020, which was around 32% 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	£321,581	32% below HPI
2019 12 JUL	£219,000	£315,884	31% below HPI
2001 21 SEP	£115,000	£143,967	20% below HPI
1997 24 NOV	£80,000	£97,189	18% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 BROOM DRIVE be worth now?

12 BROOM DRIVE might now be worth an estimated £285,473.

This is based on house price inflation of 29.8%, between February 2020 and February 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 29.8% inflationary increase is applied to the most recent sale price for 12 BROOM DRIVE of £220,000 on 21st February 2020. For the value to have increased from £220,000 to £285,473 over the five years to February 2025, the following assumptions must hold true:

• The value of 12 BROOM DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BROOM DRIVE has not materially changed since February 2020.

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 houses in Minsterley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minsterley, and where 12 BROOM DRIVE lies on this distribution: 39% of detached houses 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.