2, PINE CRESCENT, MINSTERLEY, SHREWSBURY, SY5 0AY - £205,000

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 PINE CRESCENT is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £205,000 in February 2017, which was around 30% below the average February 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

2 PINE CRESCENT Sold Prices

Land registry data shows two sales for 2 PINE CRESCENT 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 PINE CRESCENT 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
2017 17 FEB	£205,000	£291,656	30% below HPI
2013 21 JUN	£155,000	£253,034	39% below HPI

2 PINE CRESCENT 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 PINE CRESCENT sales from June 2013 and February 2017 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 June 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 PINE CRESCENT?

2 PINE CRESCENT is 86m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% 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 PINE CRESCENT lies on this distribution: 35% of detached houses are smaller than 2 PINE CRESCENT, and 64% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

2 PINE CRESCENT: Plot and Title Map

2 PINE CRESCENT sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 2 PINE CRESCENT, 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 PINE CRESCENT). 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 PINE CRESCENT?

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