2, PARK AVENUE, SHREWSBURY, SY3 8JG - £245,000

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.

2 PARK AVENUE is a small semi-detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £371,877. It was last sold for £245,000 in August 2015, which was around 43% above the average August 2015 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was E.

2 PARK AVENUE Sold Prices

Land registry data shows two sales for 2 PARK AVENUE 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. Both of the two 2 PARK AVENUE 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
2015 7 AUG	£245,000	£171,716	43% above HPI
1998 18 AUG	£85,000	£59,060	44% above HPI

2 PARK AVENUE 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 2 PARK AVENUE sales from August 1998 and August 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 August 1998 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2015 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 2 PARK AVENUE be worth now?

2 PARK AVENUE might now be worth an estimated £371,877.

This is based on house price inflation of 51.8%, between August 2015 and February 2025, 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 51.8% inflationary increase is applied to the most recent sale price for 2 PARK AVENUE of £245,000 on 7th August 2015. For the value to have increased from £245,000 to £371,877 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 2 PARK AVENUE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The August 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK AVENUE has not materially changed since August 2015.

How Large is 2 PARK AVENUE?

2 PARK AVENUE is 91m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of semi-detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shrewsbury, and where 2 PARK AVENUE lies on this distribution: 21% of semi-detached houses houses are smaller than 2 PARK AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 PARK AVENUE: Plot and Title Map

2 PARK AVENUE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 PARK AVENUE, 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 PARK AVENUE). 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 PARK AVENUE?

2 PARK AVENUE is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on PARK AVENUE.