7, HEATHER BANK, GOBOWEN, OSWESTRY, SY11 3PT - £155,000

7 HEATHER BANK is a very small detached house of 48m², built sometime between 1983 and 1990. It was last sold for £155,000 in April 2019, which was around 50% below the average April 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

7 HEATHER BANK Sold Prices

Land registry data shows two sales for 7 HEATHER BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 7 HEATHER BANK 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
2019 12 APR	£155,000	£308,981	50% below HPI
2016 28 NOV	£153,000	£288,273	47% below HPI

7 HEATHER BANK 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 two 7 HEATHER BANK sales from November 2016 and April 2019 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 November 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 7 HEATHER BANK?

7 HEATHER BANK is 48m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses by size in Gobowen, and where 7 HEATHER BANK lies on this distribution: Less than 1% of detached houses are smaller than 7 HEATHER BANK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

7 HEATHER BANK: Plot and Title Map

7 HEATHER BANK sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 HEATHER BANK, 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 7 HEATHER BANK). 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 7 HEATHER BANK?

7 HEATHER BANK is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 7 on HEATHER BANK.