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
58 FERNHILL LANE is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £200,000 in March 2023, which was around 48% below the average March 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for 58 FERNHILL LANE since 1st 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. All of the three 58 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 |
---|---|---|---|
2023 3 MAR | £200,000 | £387,847 | 48% below HPI |
2005 18 APR | £156,950 | £233,392 | 33% below HPI |
2000 16 JUN | £75,000 | £119,041 | 37% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 58 FERNHILL LANE sales between June 2000 and March 2023 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
58 FERNHILL LANE is 65m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses by size in Gobowen, and where 58 FERNHILL LANE lies on this distribution: 16% of detached houses are smaller than 58 FERNHILL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gobowen.
58 FERNHILL LANE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 58 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 58 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.
58 FERNHILL LANE is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 58 on FERNHILL LANE.