2, BERINSFIELD CLOSE, SHREWSBURY, SY1 3XZ - £241,000

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.

2 BERINSFIELD CLOSE is a very small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £329,746. It was last sold for £241,000 in May 2018, which was around 21% below the average May 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

2 BERINSFIELD CLOSE Sold Prices

Land registry data shows four sales for 2 BERINSFIELD CLOSE 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 2 BERINSFIELD CLOSE 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
2018 14 MAY	£241,000	£304,979	21% below HPI
2015 27 AUG	£210,000	£281,353	25% below HPI
2004 12 AUG	£189,995	£242,362	22% below HPI
2000 18 DEC	£91,000	£131,743	31% below HPI

2 BERINSFIELD CLOSE 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 2 BERINSFIELD CLOSE sales between December 2000 and May 2018 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 August 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 BERINSFIELD CLOSE be worth now?

2 BERINSFIELD CLOSE might now be worth an estimated £329,746.

This is based on house price inflation of 36.8%, between May 2018 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 36.8% inflationary increase is applied to the most recent sale price for 2 BERINSFIELD CLOSE of £241,000 on 14th May 2018. For the value to have increased from £241,000 to £329,746 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 BERINSFIELD CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2018 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BERINSFIELD CLOSE has not materially changed since May 2018.

How Large is 2 BERINSFIELD CLOSE?

2 BERINSFIELD CLOSE is 88m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 2 BERINSFIELD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 BERINSFIELD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 BERINSFIELD CLOSE: Plot and Title Map

2 BERINSFIELD CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 BERINSFIELD CLOSE, 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 BERINSFIELD CLOSE). 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 BERINSFIELD CLOSE?

2 BERINSFIELD CLOSE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 2 on BERINSFIELD CLOSE.