8, HEATHER BANK, GOBOWEN, OSWESTRY, SY11 3PT - £215,000

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

8 HEATHER BANK is a very small detached house of 49m², built sometime between 1991 and 1995. It was last sold for £215,000 in May 2022, which was around 42% below the average May 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

8 HEATHER BANK Sold Prices

Land registry data shows three sales for 8 HEATHER BANK 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. All of the three 8 HEATHER BANK 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
2022 4 MAY	£215,000	£370,436	42% below HPI
2017 10 NOV	£165,000	£297,190	44% below HPI
2016 13 MAY	£145,000	£278,524	48% below HPI

8 HEATHER BANK 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 8 HEATHER BANK sales between May 2016 and May 2022 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 November 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 HEATHER BANK?

8 HEATHER BANK is 49m² according to the EPC inspection conducted in November 2015. 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 8 HEATHER BANK lies on this distribution: 1% of detached houses are smaller than 8 HEATHER BANK, and 97% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

8 HEATHER BANK: Plot and Title Map

8 HEATHER BANK sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 8 HEATHER BANK, 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 8 HEATHER BANK). 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 8 HEATHER BANK?

8 HEATHER BANK is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 8 on HEATHER BANK.