REDWOOD LODGE, MORDA ROAD, OSWESTRY, SY11 2AY - £660,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

REDWOOD LODGE is a very large extended detached house of 408m², built sometime between 2003 and 2006. It was last sold for £660,000 in October 2017, which was around 123% above the average October 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

REDWOOD LODGE Sold Prices

Land registry data shows three sales for REDWOOD LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Two of the three REDWOOD LODGE sales were for above the average price, whilst one 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
2017 31 OCT	£660,000	£296,180	123% above HPI
2007 11 OCT	£150,000	£280,053	46% below HPI
2005 29 JUL	£495,000	£235,354	110% above HPI

REDWOOD LODGE 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 three REDWOOD LODGE sales between July 2005 and October 2017 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 2007 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2017 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is REDWOOD LODGE?

REDWOOD LODGE is 408m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where REDWOOD LODGE lies on this distribution: More than 99% of detached houses are smaller than REDWOOD LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

REDWOOD LODGE: Plot and Title Map

REDWOOD LODGE sits on a plot of roughly 0.333 of an acre, or 1,346m². The below map shows the location of REDWOOD LODGE, 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 REDWOOD LODGE). 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 REDWOOD LODGE?

REDWOOD LODGE is located on MORDA ROAD in OSWESTRY, in the SY11 postcode district. The below map shows the position of REDWOOD LODGE on MORDA ROAD.