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

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.

OBIRI HOUSE is a very large detached house of 239m², built sometime between 1996 and 2002, which could now be worth an estimated £798,012. It was last sold for £657,000 in May 2021, which was around 91% 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	£343,549	91% above HPI
2003 23 JAN	£385,000	£187,059	106% 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 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the May 2021 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might OBIRI HOUSE be worth now?

OBIRI HOUSE might now be worth an estimated £798,012.

This is based on house price inflation of 21.5%, between May 2021 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 21.5% inflationary increase is applied to the most recent sale price for OBIRI HOUSE of £657,000 on 12th May 2021. For the value to have increased from £657,000 to £798,012 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of OBIRI HOUSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2021 sale price of £657,000 represented a fair market value for the property.
• The size, condition, and specification of OBIRI HOUSE has not materially changed since May 2021.

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 houses in Church Stretton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Church Stretton, and where OBIRI HOUSE lies on this distribution: 90% of detached houses 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.