5, MILNTHORPE CLOSE, SHREWSBURY, SY3 9QP - £480,000

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

5 MILNTHORPE CLOSE is a very large detached house of 177m², built sometime between 1983 and 1990, which could now be worth an estimated £665,829. It was last sold for £480,000 in January 2017, which was around 60% above the average January 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

5 MILNTHORPE CLOSE Sold Prices

Land registry data shows three sales for 5 MILNTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 5 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
2017 18 JAN	£480,000	£299,638	60% above HPI
2006 5 JUN	£400,000	£261,420	53% above HPI
1999 17 DEC	£258,950	£110,832	134% above HPI

5 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 three 5 MILNTHORPE CLOSE sales between December 1999 and January 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 2006 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2017 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 5 MILNTHORPE CLOSE be worth now?

5 MILNTHORPE CLOSE might now be worth an estimated £665,829.

This is based on house price inflation of 38.7%, between January 2017 and December 2024, 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 38.7% inflationary increase is applied to the most recent sale price for 5 MILNTHORPE CLOSE of £480,000 on 18th January 2017. For the value to have increased from £480,000 to £665,829 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 5 MILNTHORPE CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The January 2017 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILNTHORPE CLOSE has not materially changed since January 2017.

How Large is 5 MILNTHORPE CLOSE?

5 MILNTHORPE CLOSE is 177m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% 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 5 MILNTHORPE CLOSE lies on this distribution: 90% of detached houses houses are smaller than 5 MILNTHORPE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 MILNTHORPE CLOSE: Plot and Title Map

5 MILNTHORPE CLOSE sits on a plot of roughly 0.484 of an acre, or 1,958m². The below map shows the location of 5 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 5 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 5 MILNTHORPE CLOSE?

5 MILNTHORPE CLOSE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 5 on MILNTHORPE CLOSE.