4, OFFAS CLOSE, TREFLACH, OSWESTRY, SY10 9NG - £282,500

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.

4 OFFAS CLOSE is a small detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £366,573. It was last sold for £282,500 in February 2020, which was around 12% below the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was A.

4 OFFAS CLOSE Sold Prices

Land registry data shows three sales for 4 OFFAS 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. Two of the three 4 OFFAS CLOSE sales were for below the average price, whilst one was for above 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 7 FEB	£282,500	£321,581	12% below HPI
2001 29 JUN	£155,000	£137,555	13% above HPI
1996 17 JUN	£34,500	£84,464	59% below HPI

4 OFFAS 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 4 OFFAS CLOSE sales between June 1996 and February 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 June 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 OFFAS CLOSE be worth now?

4 OFFAS CLOSE might now be worth an estimated £366,573.

This is based on house price inflation of 29.8%, between February 2020 and February 2025, for 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 29.8% inflationary increase is applied to the most recent sale price for 4 OFFAS CLOSE of £282,500 on 7th February 2020. For the value to have increased from £282,500 to £366,573 over the five years to February 2025, the following assumptions must hold true:

• The value of 4 OFFAS CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2020 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OFFAS CLOSE has not materially changed since February 2020.

How Large is 4 OFFAS CLOSE?

4 OFFAS CLOSE is 112m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses houses in Treflach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Treflach, and where 4 OFFAS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 4 OFFAS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Treflach.

4 OFFAS CLOSE: Plot and Title Map

4 OFFAS CLOSE sits on a plot of roughly 23.1 acres, or 93,596m². The below map shows the location of 4 OFFAS 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 4 OFFAS 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 4 OFFAS CLOSE?

4 OFFAS CLOSE is located in TREFLACH, in the SY10 postcode district. The below map shows the position of No. 4 on OFFAS CLOSE.