OBIRI HOUSE, MADEIRA WALK, CHURCH STRETTON, SY6 6JQ - £657,000

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

OBIRI HOUSE is a very large detached house of 239m², built sometime between 1996 and 2002. It was last sold for £657,000 in May 2021, which was around 97% above the average May 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

OBIRI HOUSE Sold Prices

Land registry data shows two sales for OBIRI HOUSE 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 OBIRI HOUSE sales were 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
2021 12 MAY	£657,000	£334,214	97% above HPI
2003 23 JAN	£385,000	£181,976	112% above HPI

OBIRI HOUSE 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 OBIRI HOUSE sales from January 2003 and May 2021 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 2003 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the May 2021 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is OBIRI HOUSE?

OBIRI HOUSE is 239m² according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses in Church Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Church Stretton, and where OBIRI HOUSE lies on this distribution: 90% of detached houses are smaller than OBIRI HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Church Stretton.

OBIRI HOUSE: Plot and Title Map

OBIRI HOUSE sits on a plot of roughly 0.444 of an acre, or 1,798m². The below map shows the location of OBIRI HOUSE, 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 OBIRI HOUSE). 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 OBIRI HOUSE?

OBIRI HOUSE is located on MADEIRA WALK in CHURCH STRETTON, in the SY6 postcode district. The below map shows the position of OBIRI HOUSE on MADEIRA WALK.