5, REEDHAM ROAD, SHREWSBURY, SY1 3XW - £242,000

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 REEDHAM ROAD is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £242,000 in June 2018, which was around 19% below the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

5 REEDHAM ROAD Sold Prices

Land registry data shows two sales for 5 REEDHAM ROAD 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 REEDHAM ROAD 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
2018 14 JUN	£242,000	£299,525	19% below HPI
2012 27 JUL	£173,000	£247,090	30% below HPI

5 REEDHAM ROAD 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 REEDHAM ROAD sales from July 2012 and June 2018 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 July 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 REEDHAM ROAD?

5 REEDHAM ROAD is 83m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% 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 REEDHAM ROAD lies on this distribution: 13% of detached houses are smaller than 5 REEDHAM ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

5 REEDHAM ROAD: Plot and Title Map

5 REEDHAM ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 5 REEDHAM ROAD, 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 REEDHAM ROAD). 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 REEDHAM ROAD?

5 REEDHAM ROAD is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 5 on REEDHAM ROAD.