BANKSIDE, TREFONEN, OSWESTRY, SY10 9DQ - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BANKSIDE is a very small extended detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £436,364. It was last sold for £350,000 in October 2020, which was around 3% above the average October 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was G, and the potential energy rating was C.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE 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. One of the two BANKSIDE sales was for above the average price, whilst the other was 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
2020 27 OCT	£350,000	£340,174	3% above HPI
2017 27 MAY	£150,000	£299,185	50% below HPI

BANKSIDE 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 BANKSIDE sales from May 2017 and October 2020 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 May 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might BANKSIDE be worth now?

BANKSIDE might now be worth an estimated £436,364.

This is based on house price inflation of 24.7%, between October 2020 and July 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for BANKSIDE of £350,000 on 27th October 2020. For the value to have increased from £350,000 to £436,364 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of BANKSIDE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of BANKSIDE has not materially changed since October 2020.

How Large is BANKSIDE?

BANKSIDE is 94m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Trefonen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trefonen, and where BANKSIDE lies on this distribution: 10% of detached houses houses are smaller than BANKSIDE, and 90% of houses are larger. Note that EPC data is not available for all properties in Trefonen.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located in TREFONEN, in the SY10 postcode district. The below map shows the position of BANKSIDE in TREFONEN.