6, THE PARKS, SHREWSBURY, SY1 4TJ - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 THE PARKS is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £235,000 in January 2020, which was around 25% below the average January 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

6 THE PARKS Sold Prices

Land registry data shows two sales for 6 THE PARKS 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 6 THE PARKS 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
2020 31 JAN	£235,000	£311,443	25% below HPI
2002 28 JAN	£118,000	£141,315	16% below HPI

6 THE PARKS 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 6 THE PARKS sales from January 2002 and January 2020 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 January 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 6 THE PARKS?

6 THE PARKS is 106m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 6 THE PARKS lies on this distribution: 37% of detached houses are smaller than 6 THE PARKS, and 61% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

6 THE PARKS: Plot and Title Map

6 THE PARKS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 6 THE PARKS, 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 6 THE PARKS). 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 6 THE PARKS?

6 THE PARKS is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 6 on THE PARKS.