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

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.

BROMFIELD is a very small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £261,589. It was last sold for £225,000 in August 2021, which was around 37% 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	£358,918	37% below HPI
2011 4 MAR	£165,000	£263,755	37% below HPI
2001 1 AUG	£79,500	£141,590	44% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2021 sale, which was also at 37% below the HPI.

What might BROMFIELD be worth now?

BROMFIELD might now be worth an estimated £261,589.

This is based on house price inflation of 16.3%, between August 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 16.3% inflationary increase is applied to the most recent sale price for BROMFIELD of £225,000 on 27th August 2021. For the value to have increased from £225,000 to £261,589 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of BROMFIELD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of BROMFIELD has not materially changed since August 2021.

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 houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where BROMFIELD lies on this distribution: 18% of detached houses 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.