OAKHAVEN, SHEPHERDS LANE, BICTON, SHREWSBURY, SY3 5EQ - £262,000

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

OAKHAVEN is a small detached house of 102m², built sometime between 1983 and 1990. It was last sold for £262,000 in February 2020, which was around 16% below the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

OAKHAVEN Sold Prices

Land registry data shows two sales for OAKHAVEN 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 OAKHAVEN 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 4 FEB	£262,000	£312,843	16% below HPI
2005 12 OCT	£193,000	£247,578	22% below HPI

OAKHAVEN 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 OAKHAVEN sales from October 2005 and February 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 October 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is OAKHAVEN?

OAKHAVEN is 102m² according to the EPC inspection conducted in August 2012. 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 OAKHAVEN lies on this distribution: 33% of detached houses are smaller than OAKHAVEN, and 66% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

OAKHAVEN: Plot and Title Map

OAKHAVEN sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of OAKHAVEN, 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 OAKHAVEN). 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 OAKHAVEN?

OAKHAVEN is located on SHEPHERDS LANE in BICTON, in the SY3 postcode district. The below map shows the position of OAKHAVEN on SHEPHERDS LANE.