MILL HOUSE, CHURCH ROAD, MEOLE BRACE, SHREWSBURY, SY3 9HQ - £880,000

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

MILL HOUSE is a very large extended detached house of 287m², built sometime between 1976 and 1982. It was last sold for £880,000 in October 2019, which was around 178% above the average October 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows four sales for MILL HOUSE 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. Most of the four MILL HOUSE sales 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
2019 16 OCT	£880,000	£316,667	178% above HPI
2016 3 JUL	£500	£281,790	100% below HPI
2007 19 JAN	£495,000	£259,028	91% above HPI
1999 26 MAR	£210,000	£100,874	108% above HPI

MILL HOUSE 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 MILL HOUSE sales between March 1999 and October 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 July 2016 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the October 2019 sale, where it rises to 178% above the HPI. The line then continues to track at 178% above the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 287m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where MILL HOUSE lies on this distribution: 99% of detached houses are smaller than MILL HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 2.1 acres, or 8,361m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on CHURCH ROAD in MEOLE BRACE, in the SY3 postcode district. The below map shows the position of MILL HOUSE on CHURCH ROAD.