1, REEDHAM ROAD, SHREWSBURY, SY1 3XW - £330,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 REEDHAM ROAD is a large detached house of 126m², built sometime between 1991 and 1995. It was last sold for £330,000 in June 2024, which was around 16% below the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

1 REEDHAM ROAD Sold Prices

Land registry data shows four sales for 1 REEDHAM ROAD 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. All of the four 1 REEDHAM ROAD 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
2024 14 JUN	£330,000	£394,499	16% below HPI
2013 29 OCT	£215,000	£256,647	16% below HPI
2002 28 JAN	£133,000	£141,315	6% below HPI
1999 23 APR	£89,000	£100,373	11% below HPI

1 REEDHAM 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 four 1 REEDHAM ROAD sales between April 1999 and June 2024 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, which was also at 16% below the HPI.

How Large is 1 REEDHAM ROAD?

1 REEDHAM ROAD is 126m² according to the EPC inspection conducted in January 2024. This puts it in the largest 40% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 1 REEDHAM ROAD lies on this distribution: 63% of detached houses are smaller than 1 REEDHAM ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

1 REEDHAM ROAD: Plot and Title Map

1 REEDHAM ROAD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 1 REEDHAM 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 REEDHAM 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 REEDHAM ROAD?

1 REEDHAM ROAD is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 1 on REEDHAM ROAD.