11, HEATHER BANK, GOBOWEN, OSWESTRY, SY11 3PT - £155,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 HEATHER BANK is a very small detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £233,694. It was last sold for £155,500 in July 2015, which was around 44% below the average July 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

11 HEATHER BANK Sold Prices

Land registry data shows four sales for 11 HEATHER BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 11 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
2015 7 JUL	£155,500	£277,662	44% below HPI
2006 22 MAR	£147,000	£250,412	41% below HPI
2005 22 JUN	£130,000	£241,556	46% below HPI
2003 4 AUG	£120,000	£203,396	41% below HPI

11 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 four 11 HEATHER BANK sales between August 2003 and July 2015 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 March 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2015 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 11 HEATHER BANK be worth now?

11 HEATHER BANK might now be worth an estimated £233,694.

This is based on house price inflation of 50.3%, between July 2015 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.3% inflationary increase is applied to the most recent sale price for 11 HEATHER BANK of £155,500 on 7th July 2015. For the value to have increased from £155,500 to £233,694 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 11 HEATHER BANK has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2015 sale price of £155,500 represented a fair market value for the property.
• The size, condition, and specification of 11 HEATHER BANK has not materially changed since July 2015.

How Large is 11 HEATHER BANK?

11 HEATHER BANK is 61m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gobowen, and where 11 HEATHER BANK lies on this distribution: 9% of detached houses houses are smaller than 11 HEATHER BANK, and 88% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

11 HEATHER BANK: Plot and Title Map

11 HEATHER BANK sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 11 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 11 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 11 HEATHER BANK?

11 HEATHER BANK is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 11 on HEATHER BANK.