OAKLEA, HORSEBRIDGE ROAD, MINSTERLEY, SHREWSBURY, SY5 0AE - £148,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAKLEA is a small semi-detached house of 81m², built sometime before 1900, which could now be worth an estimated £231,306. It was last sold for £148,000 in May 2015, which was around 11% below the average May 2015 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

OAKLEA Sold Prices

Land registry data shows two sales for OAKLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. One of the two OAKLEA sales was for below the average price, whilst the other was for above 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
2015 8 MAY	£148,000	£166,616	11% below HPI
2005 10 NOV	£180,000	£157,042	15% above HPI

OAKLEA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The two OAKLEA sales from November 2005 and May 2015 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 November 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might OAKLEA be worth now?

OAKLEA might now be worth an estimated £231,306.

This is based on house price inflation of 56.3%, between May 2015 and December 2024, for semi-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 56.3% inflationary increase is applied to the most recent sale price for OAKLEA of £148,000 on 8th May 2015. For the value to have increased from £148,000 to £231,306 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of OAKLEA has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The May 2015 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLEA has not materially changed since May 2015.

How Large is OAKLEA?

OAKLEA is 81m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of semi-detached houses houses in Minsterley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Minsterley, and where OAKLEA lies on this distribution: 28% of semi-detached houses houses are smaller than OAKLEA, and 70% of houses are larger. Note that EPC data is not available for all properties in Minsterley.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on HORSEBRIDGE ROAD in MINSTERLEY, in the SY5 postcode district. The below map shows the position of OAKLEA on HORSEBRIDGE ROAD.