41, FERNHILL LANE, GOBOWEN, OSWESTRY, SY11 3PP - £119,000

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.

41 FERNHILL LANE is a very small semi-detached house of 43m², built sometime between 2003 and 2006, which could now be worth an estimated £185,155. It was last sold for £119,000 in December 2006, which was around 29% below the average December 2006 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

41 FERNHILL LANE Sold Prices

Land registry data shows two sales for 41 FERNHILL LANE 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 41 FERNHILL LANE 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
2006 20 DEC	£119,000	£167,516	29% below HPI
2004 30 JUL	£110,000	£144,084	24% below HPI

41 FERNHILL LANE 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 41 FERNHILL LANE sales from July 2004 and December 2006 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 July 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2006 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 41 FERNHILL LANE be worth now?

41 FERNHILL LANE might now be worth an estimated £185,155.

This is based on house price inflation of 55.6%, between December 2006 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 55.6% inflationary increase is applied to the most recent sale price for 41 FERNHILL LANE of £119,000 on 20th December 2006. For the value to have increased from £119,000 to £185,155 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 41 FERNHILL LANE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The December 2006 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FERNHILL LANE has not materially changed since December 2006.

How Large is 41 FERNHILL LANE?

41 FERNHILL LANE is 43m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of semi-detached houses houses in Gobowen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gobowen, and where 41 FERNHILL LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 41 FERNHILL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

41 FERNHILL LANE: Plot and Title Map

41 FERNHILL LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 41 FERNHILL LANE, 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 41 FERNHILL LANE). 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 41 FERNHILL LANE?

41 FERNHILL LANE is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 41 on FERNHILL LANE.