BROOKVALE, WEIR ROAD, HANWOOD, SHREWSBURY, SY5 8LA - £275,000

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

BROOKVALE is a small extended detached house of 105m², built sometime before 1900. It was last sold for £275,000 in May 2019, which was around 11% below the average May 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was A.

BROOKVALE Sold Prices

Land registry data shows three sales for BROOKVALE 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 BROOKVALE 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
2019 24 MAY	£275,000	£307,675	11% below HPI
2016 2 DEC	£199,999	£291,047	31% below HPI
2016 30 AUG	£250,000	£287,287	13% below HPI

BROOKVALE 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 BROOKVALE sales between August 2016 and May 2019 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 December 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is BROOKVALE?

BROOKVALE is 105m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hanwood, and where BROOKVALE lies on this distribution: 34% of detached houses are smaller than BROOKVALE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

BROOKVALE: Plot and Title Map

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

BROOKVALE is located on WEIR ROAD in HANWOOD, in the SY5 postcode district. The below map shows the position of BROOKVALE on WEIR ROAD.