56, FERNHILL LANE, GOBOWEN, OSWESTRY, SY11 3PP - £175,000

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

56 FERNHILL LANE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £175,000 in August 2018, which was around 44% below the average August 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

56 FERNHILL LANE Sold Prices

Land registry data shows two sales for 56 FERNHILL LANE since 1^st 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 56 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
2018 17 AUG	£175,000	£310,424	44% below HPI
1997 10 OCT	£58,000	£94,569	39% below HPI

56 FERNHILL LANE 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 two 56 FERNHILL LANE sales from October 1997 and August 2018 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 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 56 FERNHILL LANE?

56 FERNHILL LANE is 60m² according to the EPC inspection conducted in March 2018. 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 56 FERNHILL LANE lies on this distribution: 6% of detached houses are smaller than 56 FERNHILL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

56 FERNHILL LANE: Plot and Title Map

56 FERNHILL LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 56 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 56 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 56 FERNHILL LANE?

56 FERNHILL LANE is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 56 on FERNHILL LANE.