# House prices in CV36 4 (Shipston-On-Stour)

## Defining 'CV36 4'

This analysis is limited to properties whose postcode starts with "CV36 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Shipston-On-Stour.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Shipston-On-Stour is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 30, Station Road, Shipston-On-Stour, sold for £185,000 on Jan-2024. Given the internal area of 70 square metres, the price per sqm is £2,642.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 191 sales in Shipston-On-Stour (CV36 4) that took place in the last two years.

##### Distribution of £ per sqm for Shipston-On-Stour
Distribution of £ per sqm house prices in Shipston-On-Stour

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Shipston-On-Stour (CV36 4). Of the 191 transactions, half were sold for between £3,320 and £4,240 per square metre. The median, or 'middle', price per square metre in 'CV36 4' is £3,880. Notably, only 25% of properties that sold recently were valued at more than £4,240 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Shipston-On-Stour

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Shipston-On-Stour. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Shipston-On-Stour

## Comparison with neighbouring postcode sectors

The table below shows how 'CV36 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV36 4 Shipston-On-Stour £3,320 sqm £3,880 sqm £4,240 sqm
CV36 5 Long Compton £3,930 sqm £4,740 sqm £5,310 sqm

## Will Shipston-On-Stour house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CV36 4 (Shipston-On-Stour) compared with both the wider area CV36 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Shipston-On-Stour,Shipston-On-Stour
House price trends for Shipston-On-Stour

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent CV36 4 sales
Recent trends for Shipston-On-Stour

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Shipston-On-Stour to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Shipston-On-Stour and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Railway Crescent, Shipston-On-Stour, CV36 4G 97 sqm £3,165 18
Telegraph Street, Shipston-On-Stour, CV36 4D 83 sqm £3,209 16
Hanson Avenue, Shipston-On-Stour, CV36 4H 93 sqm £3,928 15
Station Road, Shipston-On-Stour, CV36 4B 76 sqm £3,080 10
Manor Farm Road, Shipston-On-Stour, CV36 4N 99 sqm £2,958 10
Hawthorn Way, Shipston-On-Stour, CV36 4F 129 sqm £3,568 10
Beecham Road, Shipston-On-Stour, CV36 4R 104 sqm £2,756 10
Norgren Crescent, Shipston-On-Stour, CV36 4B 125 sqm £3,538 9

## New build activity

Street Avg size Avg £sqm New build sales
Bailey Road, Shipston-On-Stour, CV36 4R 118 sqm £3,382 18
Bradley Drive, Shipston-On-Stour, CV36 4R 96 sqm £3,410 12
Brewer Hill, Shipston-On-Stour, CV36 4G 134 sqm £3,456 10

Bailey Road, Shipston-On-Stour, CV36 4R has seen 18 new build sales in the last 4 years (average price £386,872). These new build homes typically have an internal area of 118 sqm, with an average price of £3,382 sqm. This £sqm average is £-498 below the average for CV36 4. New builds typically command a £ per sqm premium. In the case of Bailey Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Shipston-On-Stour is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

30, Station Rd, Shipston-On-Stour £185,000
Jan-2024
70 2,642
Kite Cottage, Lower Green, Shipston-On-Stour £420,000
Jan-2024
202 2,079
25, Oldbutt Rd, Shipston-On-Stour £300,000
Jan-2024
75 4,000