3, OERLEY WAY, OSWESTRY, SY11 1TD - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 OERLEY WAY is a large extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £370,000 in April 2023, which was around 3% below the average April 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

3 OERLEY WAY Sold Prices

Land registry data shows three sales for 3 OERLEY WAY 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. The three 3 OERLEY WAY sales were a mix of below the average price, and roughly equal to 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
2023 24 APR	£370,000	£382,445	3% below HPI
2007 29 OCT	£280,000	£280,053	Close to HPI
2001 11 MAY	£130,000	£130,948	1% below HPI

3 OERLEY 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 three 3 OERLEY WAY sales between May 2001 and April 2023 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 October 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 OERLEY WAY?

3 OERLEY WAY is 126m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 3 OERLEY WAY lies on this distribution: 67% of detached houses are smaller than 3 OERLEY WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

3 OERLEY WAY: Plot and Title Map

3 OERLEY WAY sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of 3 OERLEY 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 3 OERLEY 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 3 OERLEY WAY?

3 OERLEY WAY is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 3 on OERLEY WAY.