31, GREYFRIARS, OSWESTRY, SY11 2DY - £137,500

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.

31 GREYFRIARS is a very small semi-detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £169,865. It was last sold for £137,500 in May 2021, which was around 35% below the average May 2021 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

31 GREYFRIARS Sold Prices

Land registry data shows two sales for 31 GREYFRIARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 31 GREYFRIARS 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
2021 14 MAY	£137,500	£210,981	35% below HPI
2014 21 MAR	£110,000	£159,890	31% below HPI

31 GREYFRIARS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 31 GREYFRIARS sales from March 2014 and May 2021 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 March 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 31 GREYFRIARS be worth now?

31 GREYFRIARS might now be worth an estimated £169,865.

This is based on house price inflation of 23.5%, between May 2021 and February 2025, for semi-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 23.5% inflationary increase is applied to the most recent sale price for 31 GREYFRIARS of £137,500 on 14th May 2021. For the value to have increased from £137,500 to £169,865 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 31 GREYFRIARS has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The May 2021 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 31 GREYFRIARS has not materially changed since May 2021.

How Large is 31 GREYFRIARS?

31 GREYFRIARS is 60m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Oswestry, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oswestry, and where 31 GREYFRIARS lies on this distribution: 5% of semi-detached houses houses are smaller than 31 GREYFRIARS, and 95% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

31 GREYFRIARS: Plot and Title Map

31 GREYFRIARS sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 31 GREYFRIARS, 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 31 GREYFRIARS). 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 31 GREYFRIARS?

31 GREYFRIARS is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 31 on GREYFRIARS.