47, PRESTON STREET, SHREWSBURY, SY2 5PN - £185,000

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

47 PRESTON STREET is a very small semi-detached house of 64m², built sometime between 1950 and 1966. It was last sold for £185,000 in May 2015, which was around 31% below the average May 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

47 PRESTON STREET Sold Prices

Land registry data shows three sales for 47 PRESTON STREET 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. All of the three 47 PRESTON STREET 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	£185,000	£266,330	31% below HPI
2007 26 OCT	£175,000	£280,053	38% below HPI
2002 18 JUL	£105,000	£160,697	35% below HPI

47 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 three 47 PRESTON STREET sales between July 2002 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 October 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 47 PRESTON STREET?

47 PRESTON STREET is 64m² according to the EPC inspection conducted in December 2015. 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 47 PRESTON STREET lies on this distribution: 3% of detached houses are smaller than 47 PRESTON STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

47 PRESTON STREET: Plot and Title Map

47 PRESTON STREET sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 47 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 47 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 47 PRESTON STREET?

47 PRESTON STREET is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 47 on PRESTON STREET.