BELMONT, HORSEBRIDGE ROAD, MINSTERLEY, SHREWSBURY, SY5 0AE - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BELMONT is a large detached house of 116m², built sometime between 1900 and 1929. It was last sold for £345,000 in August 2024, which was around 15% below the average August 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

BELMONT Sold Prices

Land registry data shows four sales for BELMONT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. two of the four BELMONT sales were for below the average price, and four 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
2024 12 AUG	£345,000	£404,386	15% below HPI
2023 13 JUL	£400,000	£388,653	3% above HPI
2018 12 FEB	£250,000	£299,639	17% below HPI
2006 20 OCT	£330,000	£263,440	25% above HPI

BELMONT 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 four BELMONT sales between October 2006 and August 2024 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 July 2023 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is BELMONT?

BELMONT is 116m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 BELMONT lies on this distribution: 68% of detached houses are smaller than BELMONT, and 32% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

BELMONT: Plot and Title Map

BELMONT sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of BELMONT, 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 BELMONT). 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 BELMONT?

BELMONT is located on HORSEBRIDGE ROAD in MINSTERLEY, in the SY5 postcode district. The below map shows the position of BELMONT on HORSEBRIDGE ROAD.