BROADWAY, HARMER HILL, SHREWSBURY, SY4 3EE - £282,500

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

BROADWAY is a very small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £282,500 in September 2021, which was around 18% below the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

BROADWAY Sold Prices

Land registry data shows two sales for BROADWAY 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 BROADWAY 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 28 SEP	£282,500	£344,438	18% below HPI
2013 11 JAN	£158,000	£248,692	36% below HPI

BROADWAY 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 BROADWAY sales from January 2013 and September 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 January 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BROADWAY?

BROADWAY is 103m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Harmer Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Harmer Hill, and where BROADWAY lies on this distribution: 13% of detached houses are smaller than BROADWAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Harmer Hill.

BROADWAY: Plot and Title Map

BROADWAY sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of BROADWAY, 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 BROADWAY). 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 BROADWAY?

BROADWAY is located in HARMER HILL, in the SY4 postcode district. The below map shows the position of BROADWAY in HARMER HILL.