5, OAK STREET, SHREWSBURY, SY3 7RH - £475,000

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

5 OAK STREET is a small detached house of 96m², built sometime between 1950 and 1966. It was last sold for £475,000 in June 2023, which was around 23% above the average June 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

5 OAK STREET Sold Prices

Land registry data shows four sales for 5 OAK STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. two of the four 5 OAK STREET sales were for above the average price, and four 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 15 JUN	£475,000	£385,421	23% above HPI
2023 3 FEB	£475,000	£394,297	20% above HPI
2018 24 SEP	£250,000	£311,224	20% below HPI
1997 30 SEP	£93,000	£93,869	1% below HPI

5 OAK 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 four 5 OAK STREET sales between September 1997 and June 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 February 2023 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 5 OAK STREET?

5 OAK STREET is 96m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 5 OAK STREET lies on this distribution: 26% of detached houses are smaller than 5 OAK STREET, and 73% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 OAK STREET: Plot and Title Map

5 OAK STREET sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 5 OAK 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 5 OAK 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 5 OAK STREET?

5 OAK STREET is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 5 on OAK STREET.