22, OAKFIELD ROAD, SHREWSBURY, SY3 8AE - £298,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 OAKFIELD ROAD is a small detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £394,122. It was last sold for £298,000 in August 2019, which was around 6% below the average August 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

22 OAKFIELD ROAD Sold Prices

Land registry data shows two sales for 22 OAKFIELD ROAD 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 22 OAKFIELD 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
2019 8 AUG	£298,000	£315,514	6% below HPI
1995 20 FEB	£80,000	£85,041	6% below HPI

22 OAKFIELD 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 two 22 OAKFIELD ROAD sales from February 1995 and August 2019 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 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, which was also at 6% below the HPI.

What might 22 OAKFIELD ROAD be worth now?

22 OAKFIELD ROAD might now be worth an estimated £394,122.

This is based on house price inflation of 32.3%, between August 2019 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for 22 OAKFIELD ROAD of £298,000 on 8th August 2019. For the value to have increased from £298,000 to £394,122 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 22 OAKFIELD ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2019 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 22 OAKFIELD ROAD has not materially changed since August 2019.

How Large is 22 OAKFIELD ROAD?

22 OAKFIELD ROAD is 97m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 22 OAKFIELD ROAD lies on this distribution: 27% of detached houses houses are smaller than 22 OAKFIELD ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

22 OAKFIELD ROAD: Plot and Title Map

22 OAKFIELD ROAD sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 22 OAKFIELD 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 22 OAKFIELD 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 22 OAKFIELD ROAD?

22 OAKFIELD ROAD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 22 on OAKFIELD ROAD.