16, OSWALDS WELL LANE, OSWESTRY, SY11 2TP - £205,500

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.

16 OSWALDS WELL LANE is a small detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £265,083. It was last sold for £205,500 in March 2020, which was around 36% below the average March 2020 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 C.

16 OSWALDS WELL LANE Sold Prices

Land registry data shows three sales for 16 OSWALDS WELL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 16 OSWALDS WELL LANE 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
2020 13 MAR	£205,500	£323,491	36% below HPI
2015 11 SEP	£152,500	£286,184	47% below HPI
1997 28 JUL	£55,813	£93,274	40% below HPI

16 OSWALDS WELL LANE 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 three 16 OSWALDS WELL LANE sales between July 1997 and March 2020 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 September 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 16 OSWALDS WELL LANE be worth now?

16 OSWALDS WELL LANE might now be worth an estimated £265,083.

This is based on house price inflation of 29%, between March 2020 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 29% inflationary increase is applied to the most recent sale price for 16 OSWALDS WELL LANE of £205,500 on 13th March 2020. For the value to have increased from £205,500 to £265,083 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 16 OSWALDS WELL LANE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2020 sale price of £205,500 represented a fair market value for the property.
• The size, condition, and specification of 16 OSWALDS WELL LANE has not materially changed since March 2020.

How Large is 16 OSWALDS WELL LANE?

16 OSWALDS WELL LANE is 83m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 16 OSWALDS WELL LANE lies on this distribution: 25% of detached houses houses are smaller than 16 OSWALDS WELL LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

16 OSWALDS WELL LANE: Plot and Title Map

16 OSWALDS WELL LANE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 16 OSWALDS WELL LANE, 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 16 OSWALDS WELL LANE). 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 16 OSWALDS WELL LANE?

16 OSWALDS WELL LANE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 16 on OSWALDS WELL LANE.