Oak Ridge Mill Lane

    OAK RIDGE, MILL LANE, HANWOOD, SHREWSBURY, SY5 8LT

    This detached freehold property on Mill Lane last sold in November 2020 for £465,000. Based on price growth in the SY5 district since then, its estimated current value is £566,341 — placing it in the 84th percentile nationally and the 85th percentile within SY5. The property covers 213 m² (2,293 sq ft), giving an estimated value of £2,659 per m². The EPC rating is A, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,293 sq ft

    213 m²

    Last Sale Price

    £465,000

    Nov 2020

    Estimated Valuation

    £566,341

    Est. £/sq ft

    £247/sq ft

    £2,659/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageG
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentA
    EPC potentialA
    Floor area2,293 sq ft (213 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2020

    £465,000

    Key Metrics

    Estimated valuation£566,341
    Value per sq ft / m²£247/sq ft (£2,659/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SY5 district percentile85th percentile
    National percentile84th percentile

    District Context — SY5

    SY5 covers the south Shropshire area, spanning rural and semi-rural communities south of Shrewsbury. It is a quieter, countryside-oriented district with a strong emphasis on traditional living and established community life.

    Average Property Price - SY5

    £357,086

    58

    National percentile

    Average Net Household Income - SY5

    £38,131

    50

    National percentile

    10-Year Annualised Price Growth - SY5

    3.5%

    45

    National percentile

    10-Year Annualised Rent Growth - SY

    3.5%

    25

    National percentile

    View full analysis for SY5

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