3, MILNTHORPE CLOSE, SHREWSBURY, SY3 9QP - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MILNTHORPE CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002, which could now be worth an estimated £659,100. It was last sold for £450,000 in June 2016, which was around 58% above the average June 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

3 MILNTHORPE CLOSE Sold Prices

Land registry data shows two sales for 3 MILNTHORPE CLOSE 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 3 MILNTHORPE CLOSE sales were for above 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
2016 28 JUN	£450,000	£284,901	58% above HPI
2000 17 MAY	£225,000	£117,782	91% above HPI

3 MILNTHORPE 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 two 3 MILNTHORPE CLOSE sales from May 2000 and June 2016 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 May 2000 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the June 2016 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 3 MILNTHORPE CLOSE be worth now?

3 MILNTHORPE CLOSE might now be worth an estimated £659,100.

This is based on house price inflation of 46.5%, between June 2016 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 46.5% inflationary increase is applied to the most recent sale price for 3 MILNTHORPE CLOSE of £450,000 on 28th June 2016. For the value to have increased from £450,000 to £659,100 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MILNTHORPE CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2016 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILNTHORPE CLOSE has not materially changed since June 2016.

How Large is 3 MILNTHORPE CLOSE?

3 MILNTHORPE CLOSE is 162m² according to the EPC inspection conducted in April 2016. This puts it in the largest 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 3 MILNTHORPE CLOSE lies on this distribution: 86% of detached houses houses are smaller than 3 MILNTHORPE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 MILNTHORPE CLOSE: Plot and Title Map

3 MILNTHORPE CLOSE sits on a plot of roughly 0.568 of an acre, or 2,297m². The below map shows the location of 3 MILNTHORPE 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 3 MILNTHORPE 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 3 MILNTHORPE CLOSE?

3 MILNTHORPE CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 3 on MILNTHORPE CLOSE.