BROMFIELD, SPRING GARDENS, SHREWSBURY, SY1 2TE - £225,000

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

BROMFIELD is a very small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £225,000 in August 2021, which was around 36% below the average August 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

BROMFIELD Sold Prices

Land registry data shows three sales for BROMFIELD 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 BROMFIELD 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 27 AUG	£225,000	£349,165	36% below HPI
2011 4 MAR	£165,000	£256,588	36% below HPI
2001 1 AUG	£79,500	£137,742	42% below HPI

BROMFIELD 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 BROMFIELD sales between August 2001 and August 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 March 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2021 sale, which was also at 36% below the HPI.

How Large is BROMFIELD?

BROMFIELD is 89m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where BROMFIELD lies on this distribution: 19% of detached houses are smaller than BROMFIELD, and 80% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

BROMFIELD: Plot and Title Map

BROMFIELD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of BROMFIELD, 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 BROMFIELD). 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 BROMFIELD?

BROMFIELD is located on SPRING GARDENS in SHREWSBURY, in the SY1 postcode district. The below map shows the position of BROMFIELD on SPRING GARDENS.