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

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.

47 PRESTON STREET is a very small semi-detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £289,401. It was last sold for £185,000 in May 2015, which was around 11% above the average May 2015 semi-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 semi-detached price in the Shropshire local authority area for the corresponding sale date. Two of the three 47 PRESTON STREET sales were for above the average price, whilst one 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
2015 8 MAY	£185,000	£166,616	11% above HPI
2007 26 OCT	£175,000	£180,755	3% below HPI
2002 18 JUL	£105,000	£96,179	9% above HPI

47 PRESTON STREET Price Paid vs. HPI Average

The below graph shows the average semi-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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 47 PRESTON STREET be worth now?

47 PRESTON STREET might now be worth an estimated £289,401.

This is based on house price inflation of 56.4%, between May 2015 and February 2025, for semi-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 56.4% inflationary increase is applied to the most recent sale price for 47 PRESTON STREET of £185,000 on 8th May 2015. For the value to have increased from £185,000 to £289,401 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 47 PRESTON STREET has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The May 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 47 PRESTON STREET has not materially changed since May 2015.

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 semi-detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shrewsbury, and where 47 PRESTON STREET lies on this distribution: 3% of semi-detached houses 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.