OAKLEA, WOOLSTON ROAD, WEST FELTON, OSWESTRY, SY11 4LB - £280,000

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.

OAKLEA is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £361,184. It was last sold for £280,000 in March 2020, which was around 13% below the average March 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

OAKLEA Sold Prices

Land registry data shows four sales for OAKLEA 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 OAKLEA 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 25 MAR	£280,000	£323,491	13% below HPI
2014 28 NOV	£250,000	£271,125	8% below HPI
2005 8 AUG	£231,000	£247,107	7% below HPI
2004 9 JAN	£172,000	£216,361	21% below HPI

OAKLEA 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 OAKLEA sales between January 2004 and March 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 November 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might OAKLEA be worth now?

OAKLEA might now be worth an estimated £361,184.

This is based on house price inflation of 29%, between March 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 29% inflationary increase is applied to the most recent sale price for OAKLEA of £280,000 on 25th March 2020. For the value to have increased from £280,000 to £361,184 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of OAKLEA has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLEA has not materially changed since March 2020.

How Large is OAKLEA?

OAKLEA is 73m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses houses in West Felton, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Felton, and where OAKLEA lies on this distribution: 11% of detached houses houses are smaller than OAKLEA, and 89% of houses are larger. Note that EPC data is not available for all properties in West Felton.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.283 of an acre, or 1,147m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on WOOLSTON ROAD in WEST FELTON, in the SY11 postcode district. The below map shows the position of OAKLEA on WOOLSTON ROAD.