RIDGEBOURNE, BROOMHALL LANE, OSWESTRY, SY10 7HG - £428,000

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.

RIDGEBOURNE is a very large detached house of 220m², built sometime between 2003 and 2006, which could now be worth an estimated £703,807. It was last sold for £428,000 in February 2013, which was around 69% above the average February 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was B, and the potential energy rating was B.

RIDGEBOURNE Sold Prices

Land registry data shows three sales for RIDGEBOURNE 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. All of the three RIDGEBOURNE 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
2013 15 FEB	£428,000	£253,760	69% above HPI
2007 23 MAR	£450,000	£263,857	71% above HPI
2004 23 JAN	£407,500	£216,361	88% above HPI

RIDGEBOURNE 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 RIDGEBOURNE sales between January 2004 and February 2013 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 March 2007 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the February 2013 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might RIDGEBOURNE be worth now?

RIDGEBOURNE might now be worth an estimated £703,807.

This is based on house price inflation of 64.4%, between February 2013 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 64.4% inflationary increase is applied to the most recent sale price for RIDGEBOURNE of £428,000 on 15th February 2013. For the value to have increased from £428,000 to £703,807 over the twelve years to February 2025, the following assumptions must hold true:

• The value of RIDGEBOURNE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2013 sale price of £428,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEBOURNE has not materially changed since February 2013.

How Large is RIDGEBOURNE?

RIDGEBOURNE is 220m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% 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 RIDGEBOURNE lies on this distribution: 94% of detached houses houses are smaller than RIDGEBOURNE, and 6% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

RIDGEBOURNE: Plot and Title Map

RIDGEBOURNE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of RIDGEBOURNE, 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 RIDGEBOURNE). 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 RIDGEBOURNE?

RIDGEBOURNE is located on BROOMHALL LANE in OSWESTRY, in the SY10 postcode district. The below map shows the position of RIDGEBOURNE on BROOMHALL LANE.