2, OAKS ROAD, CRAVEN ARMS, SY7 9RW - £385,000

2 OAKS ROAD is a very large detached house of 153m², built sometime between 1983 and 1990. It was last sold for £385,000 in April 2021, which was around 14% above the average April 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

2 OAKS ROAD Sold Prices

Land registry data shows three sales for 2 OAKS ROAD 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 2 OAKS ROAD 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
2021 30 APR	£385,000	£336,754	14% above HPI
2016 14 DEC	£250,000	£291,047	14% below HPI
2010 29 SEP	£295,000	£263,429	12% above HPI

2 OAKS ROAD 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 2 OAKS ROAD sales between September 2010 and April 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 December 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 OAKS ROAD?

2 OAKS ROAD is 153m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses in Craven Arms, based on EPC data. The below chart shows the distribution of detached houses by size in Craven Arms, and where 2 OAKS ROAD lies on this distribution: 82% of detached houses are smaller than 2 OAKS ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Craven Arms.

2 OAKS ROAD: Plot and Title Map

2 OAKS ROAD sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 2 OAKS ROAD, 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 2 OAKS ROAD). 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 2 OAKS ROAD?

2 OAKS ROAD is located in CRAVEN ARMS, in the SY7 postcode district. The below map shows the position of No. 2 on OAKS ROAD.