40, OADBY WAY, BICTON HEATH, SHREWSBURY, SY3 5PL - £202,500

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

40 OADBY WAY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £202,500 in May 2015, which was around 24% below the average May 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

40 OADBY WAY Sold Prices

Land registry data shows two sales for 40 OADBY WAY 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 40 OADBY WAY 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
2015 8 MAY	£202,500	£266,330	24% below HPI
1998 29 MAY	£75,500	£94,488	20% below HPI

40 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 two 40 OADBY WAY sales from May 1998 and May 2015 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 May 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 OADBY WAY?

40 OADBY WAY is 79m² according to the EPC inspection conducted in November 2014. 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 40 OADBY WAY lies on this distribution: 10% of detached houses are smaller than 40 OADBY WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

40 OADBY WAY: Plot and Title Map

40 OADBY WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 40 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 40 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 40 OADBY WAY?

40 OADBY WAY is located in BICTON HEATH, in the SY3 postcode district. The below map shows the position of No. 40 on OADBY WAY.