5, OAK ROAD, HANWOOD, SHREWSBURY, SY5 8RE - £307,000

5 OAK ROAD is a midsized extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £307,000 in August 2017, which was around 5% above the average August 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

5 OAK ROAD Sold Prices

Land registry data shows three sales for 5 OAK 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 5 OAK 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
2017 3 AUG	£307,000	£293,348	5% above HPI
2015 9 JAN	£277,000	£264,863	5% above HPI
2013 12 JUL	£250,000	£252,631	1% below HPI

5 OAK 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 5 OAK ROAD sales between July 2013 and August 2017 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 January 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2017 sale, which was also at 5% above the HPI.

How Large is 5 OAK ROAD?

5 OAK ROAD is 132m², which includes three extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Hanwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hanwood, and where 5 OAK ROAD lies on this distribution: 59% of detached houses are smaller than 5 OAK ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Hanwood.

5 OAK ROAD: Plot and Title Map

5 OAK ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 5 OAK 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 5 OAK 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 5 OAK ROAD?

5 OAK ROAD is located in HANWOOD, in the SY5 postcode district. The below map shows the position of No. 5 on OAK ROAD.