9, PINE CRESCENT, MINSTERLEY, SHREWSBURY, SY5 0AY - £334,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 PINE CRESCENT is a large detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £406,895. It was last sold for £334,995 in May 2021, which was around 2% below the average May 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

9 PINE CRESCENT Sold Prices

Land registry data shows two sales for 9 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 9 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
2021 24 MAY	£334,995	£343,549	2% below HPI
2016 29 APR	£225,000	£285,700	21% below HPI

9 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 9 PINE CRESCENT sales from April 2016 and May 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 April 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 9 PINE CRESCENT be worth now?

9 PINE CRESCENT might now be worth an estimated £406,895.

This is based on house price inflation of 21.5%, between May 2021 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 21.5% inflationary increase is applied to the most recent sale price for 9 PINE CRESCENT of £334,995 on 24th May 2021. For the value to have increased from £334,995 to £406,895 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 9 PINE CRESCENT has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2021 sale price of £334,995 represented a fair market value for the property.
• The size, condition, and specification of 9 PINE CRESCENT has not materially changed since May 2021.

How Large is 9 PINE CRESCENT?

9 PINE CRESCENT is 114m² according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses houses in Minsterley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minsterley, and where 9 PINE CRESCENT lies on this distribution: 65% of detached houses houses are smaller than 9 PINE CRESCENT, and 34% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

9 PINE CRESCENT: Plot and Title Map

9 PINE CRESCENT sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 9 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 9 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 9 PINE CRESCENT?

9 PINE CRESCENT is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of No. 9 on PINE CRESCENT.