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 SMALE RISE is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £192,500 in December 2017, which was around 35% below the average December 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 5 SMALE RISE since 1st 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 SMALE RISE 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 |
---|---|---|---|
2017 14 DEC | £192,500 | £298,013 | 35% below HPI |
2006 13 DEC | £169,950 | £260,068 | 35% below HPI |
2003 19 SEP | £135,000 | £200,319 | 33% below HPI |
2002 22 NOV | £80,000 | £173,056 | 54% below HPI |
2000 17 APR | £72,950 | £110,645 | 34% below HPI |
1997 5 NOV | £64,500 | £94,548 | 32% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The six 5 SMALE RISE sales between November 1997 and December 2017 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 December 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2017 sale, which was also at 35% below the HPI.
5 SMALE RISE is 76m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 5 SMALE RISE lies on this distribution: 17% of detached houses are smaller than 5 SMALE RISE, and 82% of houses are larger. Note that EPC data is not available for all properties in Oswestry.
5 SMALE RISE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 5 SMALE RISE, 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 SMALE RISE). 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.
5 SMALE RISE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 5 on SMALE RISE.