MINERVA, BRIDGNORTH ROAD, BROSELEY, TF12 5JE - £247,500

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

MINERVA is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £247,500 in April 2014, which was around 3% below the average April 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was C.

MINERVA Sold Prices

Land registry data shows two sales for MINERVA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. One of the two MINERVA sales was for below the average price, whilst the other was 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
2014 28 APR	£247,500	£255,783	3% below HPI
2009 30 APR	£320,000	£230,979	39% above HPI

MINERVA 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 two MINERVA sales from April 2009 and April 2014 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 April 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is MINERVA?

MINERVA is 108m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 50% of detached houses in Broseley, based on EPC data. The below chart shows the distribution of detached houses by size in Broseley, and where MINERVA lies on this distribution: 55% of detached houses are smaller than MINERVA, and 45% of houses are larger. Note that EPC data is not available for all properties in Broseley.

MINERVA: Plot and Title Map

MINERVA sits on a plot of roughly 0.528 of an acre, or 2,139m². The below map shows the location of MINERVA, 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 MINERVA). 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 MINERVA?

MINERVA is located on BRIDGNORTH ROAD in BROSELEY, in the TF12 postcode district. The below map shows the position of MINERVA on BRIDGNORTH ROAD.