PARKFIELD, WILMOT DRIVE, OSWESTRY, SY11 2BE - £350,000

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.

PARKFIELD is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £457,700. It was last sold for £350,000 in August 2018, which was around 10% above the average August 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

PARKFIELD Sold Prices

Land registry data shows two sales for PARKFIELD 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 PARKFIELD sales were 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
2018 23 AUG	£350,000	£319,095	10% above HPI
2016 10 NOV	£300,000	£296,325	1% above HPI

PARKFIELD 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 PARKFIELD sales from November 2016 and August 2018 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 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might PARKFIELD be worth now?

PARKFIELD might now be worth an estimated £457,700.

This is based on house price inflation of 30.8%, between August 2018 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 30.8% inflationary increase is applied to the most recent sale price for PARKFIELD of £350,000 on 23rd August 2018. For the value to have increased from £350,000 to £457,700 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of PARKFIELD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of PARKFIELD has not materially changed since August 2018.

How Large is PARKFIELD?

PARKFIELD is 105m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% 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 PARKFIELD lies on this distribution: 51% of detached houses houses are smaller than PARKFIELD, and 49% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

PARKFIELD: Plot and Title Map

PARKFIELD sits on a plot of roughly 0.307 of an acre, or 1,244m². The below map shows the location of PARKFIELD, 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 PARKFIELD). 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 PARKFIELD?

PARKFIELD is located on WILMOT DRIVE in OSWESTRY, in the SY11 postcode district. The below map shows the position of PARKFIELD on WILMOT DRIVE.