5, THE OVAL, BICTON, SHREWSBURY, SY3 8ER - £300,000

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 THE OVAL is a midsized extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £300,000 in April 2024, which was around 22% below the average April 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was D.

5 THE OVAL Sold Prices

Land registry data shows three sales for 5 THE OVAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 5 THE OVAL 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 12 APR	£300,000	£386,052	22% below HPI
2019 31 MAY	£241,000	£307,675	22% below HPI
2001 12 APR	£105,000	£128,434	18% below HPI

5 THE OVAL 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 three 5 THE OVAL sales between April 2001 and April 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 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2024 sale, which was also at 22% below the HPI.

How Large is 5 THE OVAL?

5 THE OVAL is 127m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in Bicton, based on EPC data. The below chart shows the distribution of detached houses by size in Bicton, and where 5 THE OVAL lies on this distribution: 50% of detached houses are smaller than 5 THE OVAL, and 50% of houses are larger. Note that EPC data is not available for all properties in Bicton.

5 THE OVAL: Plot and Title Map

5 THE OVAL sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 5 THE OVAL, 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 THE OVAL). 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 THE OVAL?

5 THE OVAL is located in BICTON, in the SY3 postcode district. The below map shows the position of No. 5 on THE OVAL.