2, GREENBANK CLOSE, OSWESTRY, SY11 2YH - £155,000

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

2 GREENBANK CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £155,000 in May 2014, which was around 40% below the average May 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

2 GREENBANK CLOSE Sold Prices

Land registry data shows three sales for 2 GREENBANK CLOSE 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 2 GREENBANK CLOSE 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
2014 16 MAY	£155,000	£259,575	40% below HPI
2001 24 AUG	£80,000	£137,742	42% below HPI
2000 23 FEB	£66,000	£107,798	39% below HPI

2 GREENBANK CLOSE 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 2 GREENBANK CLOSE sales between February 2000 and May 2014 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 August 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 GREENBANK CLOSE?

2 GREENBANK CLOSE is 58m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 2 GREENBANK CLOSE lies on this distribution: 4% of detached houses are smaller than 2 GREENBANK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

2 GREENBANK CLOSE: Plot and Title Map

2 GREENBANK CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 GREENBANK CLOSE, 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 2 GREENBANK CLOSE). 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 2 GREENBANK CLOSE?

2 GREENBANK CLOSE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 2 on GREENBANK CLOSE.