3, OAKFIELD PARK, MUCH WENLOCK, TF13 6HQ - £268,000

3 OAKFIELD PARK is a very small extended detached house of 65m², built sometime between 1976 and 1982. It was last sold for £268,000 in May 2022, which was around 28% below the average May 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 OAKFIELD PARK Sold Prices

Land registry data shows five sales for 3 OAKFIELD PARK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 3 OAKFIELD PARK sales were 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
2022 13 MAY	£268,000	£370,851	28% below HPI
2020 12 MAR	£237,000	£314,701	25% below HPI
2018 10 JUL	£215,000	£305,677	30% below HPI
2011 7 MAR	£187,500	£256,588	27% below HPI
2001 18 DEC	£89,000	£142,387	37% below HPI

3 OAKFIELD PARK 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 five 3 OAKFIELD PARK sales between December 2001 and May 2022 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 March 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 OAKFIELD PARK?

3 OAKFIELD PARK is 65m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Much Wenlock, based on EPC data. The below chart shows the distribution of detached houses by size in Much Wenlock, and where 3 OAKFIELD PARK lies on this distribution: 4% of detached houses are smaller than 3 OAKFIELD PARK, and 96% of houses are larger. Note that EPC data is not available for all properties in Much Wenlock.

3 OAKFIELD PARK: Plot and Title Map

3 OAKFIELD PARK sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 OAKFIELD PARK, 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 3 OAKFIELD PARK). 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 3 OAKFIELD PARK?

3 OAKFIELD PARK is located in MUCH WENLOCK, in the TF13 postcode district. The below map shows the position of No. 3 on OAKFIELD PARK.