3, OADBY WAY, BICTON HEATH, SHREWSBURY, SY3 5PL - £284,000

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

3 OADBY WAY is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £284,000 in May 2018, which was around 4% below the average May 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

3 OADBY WAY Sold Prices

Land registry data shows three sales for 3 OADBY WAY 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. Two of the three 3 OADBY WAY sales were for below the average price, whilst one was 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
2018 18 MAY	£284,000	£296,692	4% below HPI
2010 19 MAR	£240,000	£251,968	5% below HPI
1998 20 NOV	£117,000	£99,484	18% above HPI

3 OADBY WAY 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 3 OADBY WAY sales between November 1998 and May 2018 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 March 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 OADBY WAY?

3 OADBY WAY is 105m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 3 OADBY WAY lies on this distribution: 36% of detached houses are smaller than 3 OADBY WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 OADBY WAY: Plot and Title Map

3 OADBY WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 OADBY WAY, 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 3 OADBY WAY). 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 3 OADBY WAY?

3 OADBY WAY is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 3 on OADBY WAY.