Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 OSWALDS WELL LANE is a small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £205,500 in March 2020, which was around 35% 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.
Land registry data shows three sales for 16 OSWALDS WELL LANE since 1st 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 | £314,701 | 35% below HPI |
2015 11 SEP | £152,500 | £278,407 | 45% below HPI |
1997 28 JUL | £55,813 | £90,739 | 38% below HPI |
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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
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 in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 16 OSWALDS WELL LANE lies on this distribution: 24% of detached 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 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.
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.