15, PARK DRIVE, OSWESTRY, SY11 1BN - £400,000

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.

15 PARK DRIVE is a very large extended detached house of 216m², built sometime between 1950 and 1966, which could now be worth an estimated £435,962. It was last sold for £400,000 in June 2022, which was around 4% above the average June 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

15 PARK DRIVE Sold Prices

Land registry data shows two sales for 15 PARK DRIVE 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. One of the two 15 PARK DRIVE sales was for above the average price, whilst the other was 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
2022 7 JUN	£400,000	£382,864	4% above HPI
2000 22 NOV	£95,000	£131,911	28% below HPI

15 PARK DRIVE 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 15 PARK DRIVE sales from November 2000 and June 2022 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 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 15 PARK DRIVE be worth now?

15 PARK DRIVE might now be worth an estimated £435,962.

This is based on house price inflation of 9%, between June 2022 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 9% inflationary increase is applied to the most recent sale price for 15 PARK DRIVE of £400,000 on 7th June 2022. For the value to have increased from £400,000 to £435,962 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 15 PARK DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARK DRIVE has not materially changed since June 2022.

How Large is 15 PARK DRIVE?

15 PARK DRIVE is 216m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oswestry, and where 15 PARK DRIVE lies on this distribution: 93% of detached houses houses are smaller than 15 PARK DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

15 PARK DRIVE: Plot and Title Map

15 PARK DRIVE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 15 PARK DRIVE, 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 15 PARK DRIVE). 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 15 PARK DRIVE?

15 PARK DRIVE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 15 on PARK DRIVE.