NETHERBY, WESTON LANE, OSWESTRY, SY11 2BQ - £305,000

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.

NETHERBY is a very large extended detached house of 173m², which could now be worth an estimated £486,848. It was last sold for £305,000 in June 2006, which was around 17% above the average June 2006 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was E.

NETHERBY Sold Prices

Land registry data shows two sales for NETHERBY 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 NETHERBY 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
2006 2 JUN	£305,000	£261,420	17% above HPI
2003 31 OCT	£176,000	£207,289	15% below HPI

NETHERBY 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 NETHERBY sales from October 2003 and June 2006 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2006 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might NETHERBY be worth now?

NETHERBY might now be worth an estimated £486,848.

This is based on house price inflation of 59.6%, between June 2006 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 59.6% inflationary increase is applied to the most recent sale price for NETHERBY of £305,000 on 2nd June 2006. For the value to have increased from £305,000 to £486,848 over the nineteen years and four months to February 2025, the following assumptions must hold true:

• The value of NETHERBY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2006 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of NETHERBY has not materially changed since June 2006.

How Large is NETHERBY?

NETHERBY is 173m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 20% of detached houses houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oswestry, and where NETHERBY lies on this distribution: 87% of detached houses houses are smaller than NETHERBY, and 13% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

NETHERBY: Plot and Title Map

NETHERBY sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of NETHERBY, 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 NETHERBY). 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 NETHERBY?

NETHERBY is located on WESTON LANE in OSWESTRY, in the SY11 postcode district. The below map shows the position of NETHERBY on WESTON LANE.