HOLLY COTTAGE, OLD CHIRK ROAD, GOBOWEN, OSWESTRY, SY11 3LW - £220,150

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.

HOLLY COTTAGE is a midsized detached house of 93m², built sometime before 1900, which could now be worth an estimated £266,147. It was last sold for £220,150 in December 2020, which was around 36% below the average December 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was F, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows two sales for HOLLY COTTAGE 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. Both of the two HOLLY COTTAGE 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
2020 8 DEC	£220,150	£345,167	36% below HPI
2000 12 APR	£38,000	£113,736	67% below HPI

HOLLY COTTAGE 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 HOLLY COTTAGE sales from April 2000 and December 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 April 2000 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the December 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £266,147.

This is based on house price inflation of 20.9%, between December 2020 and February 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 20.9% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £220,150 on 8th December 2020. For the value to have increased from £220,150 to £266,147 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The December 2020 sale price of £220,150 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since December 2020.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 93m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gobowen, and where HOLLY COTTAGE lies on this distribution: 41% of detached houses houses are smaller than HOLLY COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of HOLLY COTTAGE, 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 HOLLY COTTAGE). 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on OLD CHIRK ROAD in GOBOWEN, in the SY11 postcode district. The below map shows the position of HOLLY COTTAGE on OLD CHIRK ROAD.