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
52 FERNHILL LANE is a very small detached house of 49m², built sometime between 1991 and 1995. It was last sold for £128,000 in May 2017, which was around 56% below the average May 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 52 FERNHILL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 52 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 |
---|---|---|---|
2017 5 MAY | £128,000 | £291,056 | 56% below HPI |
2005 20 APR | £70,000 | £233,392 | 70% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 52 FERNHILL LANE sales from April 2005 and May 2017 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 April 2005 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the May 2017 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.
52 FERNHILL LANE is 49m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses by size in Gobowen, and where 52 FERNHILL LANE lies on this distribution: 1% of detached houses are smaller than 52 FERNHILL LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Gobowen.
52 FERNHILL LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 52 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 52 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.
52 FERNHILL LANE is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 52 on FERNHILL LANE.