5, PRESTON STREET, SHREWSBURY, SY2 5PG - £330,000

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 PRESTON STREET is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £330,000 in October 2012, which was around 32% above the average October 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

5 PRESTON STREET Sold Prices

Land registry data shows two sales for 5 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. Both of the two 5 PRESTON STREET sales were for above 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
2012 4 OCT	£330,000	£250,460	32% above HPI
1997 20 OCT	£97,500	£94,569	3% above HPI

5 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 5 PRESTON STREET sales from October 1997 and October 2012 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 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2012 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 5 PRESTON STREET?

5 PRESTON STREET is 140m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 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 PRESTON STREET lies on this distribution: 75% of detached houses are smaller than 5 PRESTON STREET, and 25% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 PRESTON STREET: Plot and Title Map

5 PRESTON STREET sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 5 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 5 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 5 PRESTON STREET?

5 PRESTON STREET is located in SHREWSBURY, in the SY2 postcode district. The below map shows the position of No. 5 on PRESTON STREET.