MIRABELLE, BIRCH DRIVE, HANWOOD, SHREWSBURY, SY5 8RG - £440,000

MIRABELLE is a very large detached house of 162m², built sometime between 2003 and 2006. It was last sold for £440,000 in November 2020, which was around 32% above the average November 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

MIRABELLE Sold Prices

Land registry data shows four sales for MIRABELLE 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 MIRABELLE 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
2020 26 NOV	£440,000	£334,415	32% above HPI
2018 7 FEB	£447,500	£299,639	49% above HPI
2014 8 SEP	£480,000	£265,939	80% above HPI
2007 15 JUN	£180,000	£264,243	32% below HPI

MIRABELLE 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 MIRABELLE sales between June 2007 and November 2020 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 February 2018 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is MIRABELLE?

MIRABELLE is 162m² according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hanwood, and where MIRABELLE lies on this distribution: 81% of detached houses are smaller than MIRABELLE, and 19% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

MIRABELLE: Plot and Title Map

MIRABELLE sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of MIRABELLE, 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 MIRABELLE). 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 MIRABELLE?

MIRABELLE is located on BIRCH DRIVE in HANWOOD, in the SY5 postcode district. The below map shows the position of MIRABELLE on BIRCH DRIVE.