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

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

OAKLEA is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £280,000 in March 2020, which was around 11% 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	£314,701	11% below HPI
2014 28 NOV	£250,000	£263,757	5% below HPI
2005 8 AUG	£231,000	£240,393	4% below HPI
2004 9 JAN	£172,000	£210,482	18% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in West Felton, based on EPC data. The below chart shows the distribution of detached houses by size in West Felton, and where OAKLEA lies on this distribution: 12% of detached houses are smaller than OAKLEA, and 88% 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.