FYFIELD, POTSEETHING LANE, OLDBURY, BRIDGNORTH, WV16 5EF - £230,000

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

FYFIELD is a small extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £230,000 in September 2009, which was around 6% below the average September 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

FYFIELD Sold Prices

Land registry data shows three sales for FYFIELD 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. Two of the three FYFIELD sales were for below the average price, whilst one was for above 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
2009 25 SEP	£230,000	£245,070	6% below HPI
2005 14 OCT	£250,000	£247,578	1% above HPI
2004 22 SEP	£120,000	£239,150	50% below HPI

FYFIELD 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 FYFIELD sales between September 2004 and September 2009 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2009 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is FYFIELD?

FYFIELD is 117m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where FYFIELD lies on this distribution: 23% of detached houses are smaller than FYFIELD, and 77% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

FYFIELD: Plot and Title Map

FYFIELD sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of FYFIELD, 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 FYFIELD). 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 FYFIELD?

FYFIELD is located on POTSEETHING LANE in OLDBURY, in the WV16 postcode district. The below map shows the position of FYFIELD on POTSEETHING LANE.