53, NEW PARK ROAD, SHREWSBURY, SY1 2RS - £116,000

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

53 NEW PARK ROAD is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £116,000 in January 2014, which was around 54% below the average January 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

53 NEW PARK ROAD Sold Prices

Land registry data shows two sales for 53 NEW PARK 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 53 NEW PARK 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
2014 15 JAN	£116,000	£252,870	54% below HPI
1997 31 JUL	£40,000	£90,739	56% below HPI

53 NEW PARK 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 53 NEW PARK ROAD sales from July 1997 and January 2014 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 1997 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2014 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 53 NEW PARK ROAD?

53 NEW PARK ROAD is 82m² according to the EPC inspection conducted in December 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 53 NEW PARK ROAD lies on this distribution: 12% of detached houses are smaller than 53 NEW PARK ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

53 NEW PARK ROAD: Plot and Title Map

53 NEW PARK ROAD sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of 53 NEW PARK 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 53 NEW PARK 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 53 NEW PARK ROAD?

53 NEW PARK ROAD is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 53 on NEW PARK ROAD.