2, MEADOW WAY, GOBOWEN, OSWESTRY, SY11 3LY - £250,000

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 MEADOW WAY is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £250,000 in May 2024, which was around 36% below the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was A, and the potential energy rating was A.

2 MEADOW WAY Sold Prices

Land registry data shows six sales for 2 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 2 MEADOW WAY 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
2024 8 MAY	£250,000	£393,383	36% below HPI
2019 23 JAN	£198,000	£306,230	35% below HPI
2014 20 MAY	£163,500	£259,575	37% below HPI
2007 1 FEB	£166,500	£258,854	36% below HPI
1998 9 APR	£59,500	£92,978	36% below HPI
1996 12 JUL	£57,950	£83,136	30% below HPI

2 MEADOW WAY 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 six 2 MEADOW WAY sales between July 1996 and May 2024 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 January 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 MEADOW WAY?

2 MEADOW WAY is 91m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses by size in Gobowen, and where 2 MEADOW WAY lies on this distribution: 38% of detached houses are smaller than 2 MEADOW WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

2 MEADOW WAY: Plot and Title Map

2 MEADOW WAY sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 2 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

2 MEADOW WAY is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 2 on MEADOW WAY.