41, PRESTON STREET, SHREWSBURY, SY2 5PL - £277,500

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.

41 PRESTON STREET is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £487,706. It was last sold for £277,500 in April 2009, which was around 17% above the average April 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

41 PRESTON STREET Sold Prices

Land registry data shows two sales for 41 PRESTON STREET 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 41 PRESTON STREET sales was for above the average price, whilst the other was 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
2009 3 APR	£277,500	£237,431	17% above HPI
1996 30 OCT	£32,000	£88,913	64% below HPI

41 PRESTON STREET 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 41 PRESTON STREET sales from October 1996 and April 2009 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 October 1996 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the April 2009 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 41 PRESTON STREET be worth now?

41 PRESTON STREET might now be worth an estimated £487,706.

This is based on house price inflation of 75.8%, between April 2009 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 75.8% inflationary increase is applied to the most recent sale price for 41 PRESTON STREET of £277,500 on 3rd April 2009. For the value to have increased from £277,500 to £487,706 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of 41 PRESTON STREET has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2009 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 41 PRESTON STREET has not materially changed since April 2009.

How Large is 41 PRESTON STREET?

41 PRESTON STREET is 93m² according to the EPC inspection conducted in October 2008. 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 41 PRESTON STREET lies on this distribution: 23% of detached houses houses are smaller than 41 PRESTON STREET, and 77% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

41 PRESTON STREET: Plot and Title Map

41 PRESTON STREET sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 41 PRESTON STREET, 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 41 PRESTON STREET). 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 41 PRESTON STREET?

41 PRESTON STREET is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 41 on PRESTON STREET.