1, OAK ROAD, HANWOOD, SHREWSBURY, SY5 8RE - £350,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 OAK ROAD is a large detached house of 154m², built sometime between 1967 and 1975. It was last sold for £350,000 in September 2021, which was around 2% above the average September 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

1 OAK ROAD Sold Prices

Land registry data shows three sales for 1 OAK ROAD 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 1 OAK ROAD 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
2021 29 SEP	£350,000	£344,438	2% above HPI
2014 28 NOV	£289,950	£263,757	10% above HPI
1996 28 NOV	£96,000	£86,286	11% above HPI

1 OAK ROAD 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 1 OAK ROAD sales between November 1996 and September 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 November 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 1 OAK ROAD?

1 OAK ROAD is 154m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hanwood, and where 1 OAK ROAD lies on this distribution: 75% of detached houses are smaller than 1 OAK ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

1 OAK ROAD: Plot and Title Map

1 OAK ROAD sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 1 OAK ROAD, 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 1 OAK ROAD). 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 1 OAK ROAD?

1 OAK ROAD is located in HANWOOD, in the SY5 postcode district. The below map shows the position of No. 1 on OAK ROAD.