3, ORIEL WAY, SHREWSBURY, SY3 6AS - £190,000

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.

3 ORIEL WAY is a very small extended semi-detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £227,357. It was last sold for £190,000 in July 2021, which was around 13% below the average July 2021 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

3 ORIEL WAY Sold Prices

Land registry data shows two sales for 3 ORIEL WAY 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 3 ORIEL WAY 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
2021 30 JUL	£190,000	£217,816	13% below HPI
1995 7 JUL	£46,500	£51,048	9% below HPI

3 ORIEL WAY 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 3 ORIEL WAY sales from July 1995 and July 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 July 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 ORIEL WAY be worth now?

3 ORIEL WAY might now be worth an estimated £227,357.

This is based on house price inflation of 19.7%, between July 2021 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 19.7% inflationary increase is applied to the most recent sale price for 3 ORIEL WAY of £190,000 on 30th July 2021. For the value to have increased from £190,000 to £227,357 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 3 ORIEL WAY has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The July 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ORIEL WAY has not materially changed since July 2021.

How Large is 3 ORIEL WAY?

3 ORIEL WAY is 64m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% 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 3 ORIEL WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 3 ORIEL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

3 ORIEL WAY: Plot and Title Map

3 ORIEL WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 3 ORIEL WAY, 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 ORIEL WAY). 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 ORIEL WAY?

3 ORIEL WAY is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 3 on ORIEL WAY.