2, CHAPEL FARM, MINSTERLEY, SHREWSBURY, SY5 0BE - £281,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CHAPEL FARM is a midsized extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £281,500 in February 2021, which was around 17% below the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

2 CHAPEL FARM Sold Prices

Land registry data shows two sales for 2 CHAPEL FARM 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 CHAPEL FARM 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
2021 11 FEB	£281,500	£337,441	17% below HPI
1996 2 DEC	£77,500	£85,976	10% below HPI

2 CHAPEL FARM 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 CHAPEL FARM sales from December 1996 and February 2021 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 December 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 CHAPEL FARM?

2 CHAPEL FARM is 108m², which includes three extensions, according to the EPC inspection conducted in December 2023. 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 2 CHAPEL FARM lies on this distribution: 59% of detached houses are smaller than 2 CHAPEL FARM, and 40% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

2 CHAPEL FARM: Plot and Title Map

2 CHAPEL FARM sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 CHAPEL FARM, 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 CHAPEL FARM). 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 CHAPEL FARM?

2 CHAPEL FARM is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of 2 CHAPEL FARM in MINSTERLEY.