2, ASH LEA, MINSTERLEY, SHREWSBURY, SY5 0BU - £250,000

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

2 ASH LEA is a large detached house of 121m², built sometime between 1991 and 1995. It was last sold for £250,000 in January 2019, which was around 18% below the average January 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

2 ASH LEA Sold Prices

Land registry data shows two sales for 2 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 2 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
2019 31 JAN	£250,000	£306,230	18% below HPI
2004 14 JUL	£195,000	£226,153	14% below HPI

2 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 2 ASH LEA sales from July 2004 and January 2019 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 ASH LEA?

2 ASH LEA is 121m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Minsterley, based on EPC data. The below chart shows the distribution of detached houses by size in Minsterley, and where 2 ASH LEA lies on this distribution: 70% of detached houses are smaller than 2 ASH LEA, and 29% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

2 ASH LEA: Plot and Title Map

2 ASH LEA sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 2 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 2 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 2 ASH LEA?

2 ASH LEA is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of No. 2 on ASH LEA.