18, ASH LEA, MINSTERLEY, SHREWSBURY, SY5 0BU - £117,500

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

18 ASH LEA is a midsized extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £117,500 in August 2001, which was around 15% below the average August 2001 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

18 ASH LEA Sold Prices

Land registry data shows two sales for 18 ASH LEA 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 18 ASH LEA 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
2001 14 AUG	£117,500	£137,742	15% below HPI
1998 24 APR	£87,000	£92,978	6% below HPI

18 ASH LEA 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 18 ASH LEA sales from April 1998 and August 2001 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 April 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2001 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 18 ASH LEA?

18 ASH LEA is 108m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 18 ASH LEA lies on this distribution: 58% of detached houses are smaller than 18 ASH LEA, and 41% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

18 ASH LEA: Plot and Title Map

18 ASH LEA sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 18 ASH LEA, 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 18 ASH LEA). 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 18 ASH LEA?

18 ASH LEA is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of No. 18 on ASH LEA.