MILLBROOK, CHURCH ROAD, MEOLE BRACE, SHREWSBURY, SY3 9HF - £575,000

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

MILLBROOK is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £575,000 in August 2022, which was around 50% above the average August 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

MILLBROOK Sold Prices

Land registry data shows three sales for MILLBROOK 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 MILLBROOK 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
2022 16 AUG	£575,000	£384,303	50% above HPI
2021 20 OCT	£530,000	£350,456	51% above HPI
2007 14 SEP	£323,500	£283,302	14% above HPI

MILLBROOK 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 MILLBROOK sales between September 2007 and August 2022 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 October 2021 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2022 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is MILLBROOK?

MILLBROOK is 141m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where MILLBROOK lies on this distribution: 75% of detached houses are smaller than MILLBROOK, and 25% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

MILLBROOK: Plot and Title Map

MILLBROOK sits on a plot of roughly 0.313 of an acre, or 1,267m². The below map shows the location of MILLBROOK, 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 MILLBROOK). 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 MILLBROOK?

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