Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 ORSONS MEADOW is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £226,000 in July 2022, which was around 40% below the average July 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows seven sales for 16 ORSONS MEADOW since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the seven 16 ORSONS MEADOW 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 |
---|---|---|---|
2022 14 JUL | £226,000 | £379,676 | 40% below HPI |
2019 9 DEC | £171,500 | £311,817 | 45% below HPI |
2016 22 JAN | £160,000 | £281,529 | 43% below HPI |
2004 14 DEC | £162,000 | £233,055 | 30% below HPI |
2003 22 AUG | £110,000 | £197,869 | 44% below HPI |
2000 9 JUN | £69,000 | £119,041 | 42% below HPI |
1996 26 JAN | £47,000 | £81,151 | 42% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The seven 16 ORSONS MEADOW sales between January 1996 and July 2022 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 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
16 ORSONS MEADOW is 61m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 16 ORSONS MEADOW lies on this distribution: 2% of detached houses are smaller than 16 ORSONS MEADOW, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
16 ORSONS MEADOW sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 16 ORSONS MEADOW, 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 16 ORSONS MEADOW). 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.
16 ORSONS MEADOW is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 16 on ORSONS MEADOW.