32, RIDOUT ROAD, CROSS HOUSES, SHREWSBURY, SY5 6LS - £335,000

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

32 RIDOUT ROAD is a very small detached house of 88m². It was last sold for £335,000 in September 2023, which was around 15% below the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

32 RIDOUT ROAD Sold Prices

Land registry data shows two sales for 32 RIDOUT 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 32 RIDOUT 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
2023 29 SEP	£335,000	£393,176	15% below HPI
2019 29 NOV	£254,995	£316,161	19% below HPI

32 RIDOUT 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 32 RIDOUT ROAD sales from November 2019 and September 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 November 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 32 RIDOUT ROAD?

32 RIDOUT ROAD is 88m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Cross Houses, based on EPC data. The below chart shows the distribution of detached houses by size in Cross Houses, and where 32 RIDOUT ROAD lies on this distribution: 11% of detached houses are smaller than 32 RIDOUT ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Cross Houses.

32 RIDOUT ROAD: Plot and Title Map

32 RIDOUT ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 32 RIDOUT 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 32 RIDOUT 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 32 RIDOUT ROAD?

32 RIDOUT ROAD is located in CROSS HOUSES, in the SY5 postcode district. The below map shows the position of No. 32 on RIDOUT ROAD.