9, PARK AVENUE, SHREWSBURY, SY3 8JG - £535,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 PARK AVENUE is a very large extended detached house of 159m², built sometime between 1930 and 1949, which could now be worth an estimated £668,010. It was last sold for £535,000 in September 2020, which was around 60% above the average September 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was A, and the potential energy rating was A.

9 PARK AVENUE Sold Prices

Land registry data shows three sales for 9 PARK AVENUE 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. Two of the three 9 PARK AVENUE sales were for above the average price, whilst one was 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 22 SEP	£535,000	£334,198	60% above HPI
2012 17 AUG	£280,000	£257,146	9% above HPI
2007 30 OCT	£249,900	£287,876	13% below HPI

9 PARK AVENUE 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 9 PARK AVENUE sales between October 2007 and September 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 August 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2020 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 9 PARK AVENUE be worth now?

9 PARK AVENUE might now be worth an estimated £668,010.

This is based on house price inflation of 24.9%, between September 2020 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 9 PARK AVENUE of £535,000 on 22nd September 2020. For the value to have increased from £535,000 to £668,010 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 PARK AVENUE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARK AVENUE has not materially changed since September 2020.

How Large is 9 PARK AVENUE?

9 PARK AVENUE is 159m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 9 PARK AVENUE lies on this distribution: 85% of detached houses houses are smaller than 9 PARK AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

9 PARK AVENUE: Plot and Title Map

9 PARK AVENUE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 9 PARK AVENUE, 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 9 PARK AVENUE). 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 9 PARK AVENUE?

9 PARK AVENUE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 9 on PARK AVENUE.