16, BROMLEY ROAD, BICTON HEATH, SHREWSBURY, SY3 5AZ - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 BROMLEY ROAD is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £325,000 in May 2022, which was around 12% below the average May 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

16 BROMLEY ROAD Sold Prices

Land registry data shows two sales for 16 BROMLEY ROAD 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 16 BROMLEY ROAD 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
2022 27 MAY	£325,000	£370,436	12% below HPI
2017 8 NOV	£185,000	£297,190	38% below HPI

16 BROMLEY ROAD 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 16 BROMLEY ROAD sales from November 2017 and May 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 November 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 BROMLEY ROAD?

16 BROMLEY ROAD is 94m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 16 BROMLEY ROAD lies on this distribution: 24% of detached houses are smaller than 16 BROMLEY ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

16 BROMLEY ROAD: Plot and Title Map

16 BROMLEY ROAD sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 16 BROMLEY ROAD, 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 16 BROMLEY ROAD). 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 16 BROMLEY ROAD?

16 BROMLEY ROAD is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 16 on BROMLEY ROAD.