40, OAKFIELD PARK, MUCH WENLOCK, TF13 6HH - £225,000

40 OAKFIELD PARK is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £225,000 in May 2011, which was around 12% below the average May 2011 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

40 OAKFIELD PARK Sold Prices

Land registry data shows three sales for 40 OAKFIELD PARK 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. All of the three 40 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
2011 18 MAY	£225,000	£256,719	12% below HPI
2007 18 MAY	£205,000	£261,027	21% below HPI
1999 19 FEB	£72,000	£101,046	29% below HPI

40 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 three 40 OAKFIELD PARK sales between February 1999 and May 2011 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 May 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40 OAKFIELD PARK?

40 OAKFIELD PARK is 68m² according to the EPC inspection conducted in September 2010. 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 40 OAKFIELD PARK lies on this distribution: 7% of detached houses are smaller than 40 OAKFIELD PARK, and 93% of houses are larger. Note that EPC data is not available for all properties in Much Wenlock.

40 OAKFIELD PARK: Plot and Title Map

40 OAKFIELD PARK sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 40 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 40 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 40 OAKFIELD PARK?

40 OAKFIELD PARK is located in MUCH WENLOCK, in the TF13 postcode district. The below map shows the position of No. 40 on OAKFIELD PARK.