According to the public record, 2, Orchard Lane, Shrewsbury is a mid-century house with 1,173 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Orchard Lane, Hanwood, Shrewsbury, SY5 is located within the SY5 postal district.
2, Orchard Lane, Shrewsbury has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Orchard Lane Shrewsbury as £396,820 and the rental value as £1,047 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 2 Orchard Lane Shrewsbury has increased by £4,587 (1.2%) and its rental value has increased by £19 per month (1.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Orchard Lane, Shrewsbury is in very good condition we estimate a sale value of £416,661 and rental value of £1,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,043 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £396,820, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,950 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Orchard Lane, Shrewsbury sits on a plot of 219m2.
We have plot size data on 9 out of 13 other houses in the postcode and 2, Orchard Lane, Shrewsbury sits on the 9th largest plot.
According to HM Land Registry, 2, Orchard Lane, Shrewsbury was last sold on 20 Oct 2004 for £188,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Orchard Lane, Shrewsbury within a radius of 3.6 kilometres over the last 2 years.
The most recent example is 48, Woodlands Avenue, Shrewsbury, SY5 8NG, a Freehold house which sold for £375,000 in Nov 2021.
Read more about house prices in SY5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Lane, Hanwood, Shrewsbury, SY5 has a total of 25 addresses. According to our analysis of all the public data, 2, Orchard Lane, Shrewsbury is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in SY5.
2, Orchard Lane, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 2, Orchard Lane, Shrewsbury is Shrewsbury station which is 6.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Orchard Lane, Shrewsbury, 51.8% of property is privately owned outright and 23.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Orchard Lane, Shrewsbury, 16.7% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Orchard Lane, Shrewsbury, the average age was 46.4 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Orchard Lane, Shrewsbury, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Orchard Lane, Shrewsbury, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.