2, CHAPEL FARM, MINSTERLEY, SHREWSBURY, SY5 0BE - £281,500

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.

2 CHAPEL FARM is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £342,229. It was last sold for £281,500 in February 2021, which was around 19% below the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

2 CHAPEL FARM Sold Prices

Land registry data shows two sales for 2 CHAPEL FARM 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. Both of the two 2 CHAPEL FARM 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 11 FEB	£281,500	£346,867	19% below HPI
1996 2 DEC	£77,500	£88,377	12% below HPI

2 CHAPEL FARM 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 2 CHAPEL FARM sales from December 1996 and February 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 December 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 CHAPEL FARM be worth now?

2 CHAPEL FARM might now be worth an estimated £342,229.

This is based on house price inflation of 21.6%, between February 2021 and March 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 21.6% inflationary increase is applied to the most recent sale price for 2 CHAPEL FARM of £281,500 on 11th February 2021. For the value to have increased from £281,500 to £342,229 over the three years and eleven months to March 2025, the following assumptions must hold true:

• The value of 2 CHAPEL FARM has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2021 sale price of £281,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL FARM has not materially changed since February 2021.

How Large is 2 CHAPEL FARM?

2 CHAPEL FARM is 108m², which includes three extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 50% of detached houses houses in Minsterley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minsterley, and where 2 CHAPEL FARM lies on this distribution: 58% of detached houses houses are smaller than 2 CHAPEL FARM, and 42% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

2 CHAPEL FARM: Plot and Title Map

2 CHAPEL FARM sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 CHAPEL FARM, 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 2 CHAPEL FARM). 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 2 CHAPEL FARM?

2 CHAPEL FARM is located in MINSTERLEY, in the SY5 postcode district. The below map shows the position of 2 CHAPEL FARM in MINSTERLEY.