3, OAKS ROAD, CRAVEN ARMS, SY7 9RW - £285,000

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

3 OAKS ROAD is a small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £285,000 in September 2020, which was around 12% below the average September 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

3 OAKS ROAD Sold Prices

Land registry data shows two sales for 3 OAKS 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. One of the two 3 OAKS ROAD sales was for below the average price, whilst the other 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
2020 29 SEP	£285,000	£325,117	12% below HPI
1998 8 JAN	£97,000	£95,273	2% above HPI

3 OAKS 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 3 OAKS ROAD sales from January 1998 and September 2020 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 January 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 OAKS ROAD?

3 OAKS ROAD is 105m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Craven Arms, based on EPC data. The below chart shows the distribution of detached houses by size in Craven Arms, and where 3 OAKS ROAD lies on this distribution: 38% of detached houses are smaller than 3 OAKS ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Craven Arms.

3 OAKS ROAD: Plot and Title Map

3 OAKS ROAD sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 3 OAKS 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 3 OAKS 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 3 OAKS ROAD?

3 OAKS ROAD is located in CRAVEN ARMS, in the SY7 postcode district. The below map shows the position of No. 3 on OAKS ROAD.