5, ORIEL WAY, SHREWSBURY, SY3 6AS - £290,000

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

5 ORIEL WAY is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £290,000 in January 2024, which was around 25% below the average January 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

5 ORIEL WAY Sold Prices

Land registry data shows six sales for 5 ORIEL WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 5 ORIEL 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
2024 25 JAN	£290,000	£386,135	25% below HPI
2018 31 MAY	£210,000	£296,692	29% below HPI
2018 24 MAY	£209,900	£296,692	29% below HPI
2013 26 JUL	£185,000	£252,631	27% below HPI
2001 12 FEB	£95,000	£125,258	24% below HPI
1998 29 JAN	£67,000	£95,272	30% below HPI

5 ORIEL 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 six 5 ORIEL WAY sales between January 1998 and January 2024 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 ORIEL WAY?

5 ORIEL WAY is 64m² according to the EPC inspection conducted in August 2023. 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 5 ORIEL WAY lies on this distribution: 3% of detached houses are smaller than 5 ORIEL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 ORIEL WAY: Plot and Title Map

5 ORIEL WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 ORIEL 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 5 ORIEL 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 5 ORIEL WAY?

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