8, THE AVENUE, WEST FELTON, OSWESTRY, SY11 4LF - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 THE AVENUE is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £175,000 in July 2019, which was around 43% below the average July 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

8 THE AVENUE Sold Prices

Land registry data shows four sales for 8 THE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 8 THE AVENUE 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
2019 19 JUL	£175,000	£307,300	43% below HPI
2007 30 NOV	£195,000	£280,614	31% below HPI
2003 16 JUL	£145,000	£195,413	26% below HPI
2001 9 AUG	£85,000	£137,742	38% below HPI

8 THE AVENUE 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 four 8 THE AVENUE sales between August 2001 and July 2019 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 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 8 THE AVENUE?

8 THE AVENUE is 80m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in West Felton, based on EPC data. The below chart shows the distribution of detached houses by size in West Felton, and where 8 THE AVENUE lies on this distribution: 17% of detached houses are smaller than 8 THE AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in West Felton.

8 THE AVENUE: Plot and Title Map

8 THE AVENUE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 8 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

8 THE AVENUE is located in WEST FELTON, in the SY11 postcode district. The below map shows the position of No. 8 on THE AVENUE.