14, OAKFIELD PARK, MUCH WENLOCK, TF13 6HJ - £325,000

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

14 OAKFIELD PARK is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £325,000 in April 2023, which was around 15% below the average April 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

14 OAKFIELD PARK Sold Prices

Land registry data shows two sales for 14 OAKFIELD PARK 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 14 OAKFIELD PARK 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
2023 14 APR	£325,000	£382,445	15% below HPI
2021 18 JUN	£240,000	£341,731	30% below HPI

14 OAKFIELD PARK 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 14 OAKFIELD PARK sales from June 2021 and April 2023 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 June 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 14 OAKFIELD PARK?

14 OAKFIELD PARK is 95m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Much Wenlock, based on EPC data. The below chart shows the distribution of detached houses by size in Much Wenlock, and where 14 OAKFIELD PARK lies on this distribution: 30% of detached houses are smaller than 14 OAKFIELD PARK, and 69% of houses are larger. Note that EPC data is not available for all properties in Much Wenlock.

14 OAKFIELD PARK: Plot and Title Map

14 OAKFIELD PARK sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 14 OAKFIELD PARK, 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 14 OAKFIELD PARK). 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 14 OAKFIELD PARK?

14 OAKFIELD PARK is located in MUCH WENLOCK, in the TF13 postcode district. The below map shows the position of No. 14 on OAKFIELD PARK.