8, PINE CRESCENT, MINSTERLEY, SHREWSBURY, SY5 0AY - £153,000

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

8 PINE CRESCENT is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £153,000 in October 2014, which was around 43% below the average October 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

8 PINE CRESCENT Sold Prices

Land registry data shows two sales for 8 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 8 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
2014 3 OCT	£153,000	£267,654	43% below HPI
1998 26 FEB	£75,000	£93,580	20% below HPI

8 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 8 PINE CRESCENT sales from February 1998 and October 2014 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 February 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 8 PINE CRESCENT?

8 PINE CRESCENT is 56m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Minsterley, based on EPC data. The below chart shows the distribution of detached houses by size in Minsterley, and where 8 PINE CRESCENT lies on this distribution: 3% of detached houses are smaller than 8 PINE CRESCENT, and 97% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

8 PINE CRESCENT: Plot and Title Map

8 PINE CRESCENT sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 8 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 8 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 8 PINE CRESCENT?

8 PINE CRESCENT is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of No. 8 on PINE CRESCENT.