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

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

RIDGEBOURNE is a very large detached house of 220m², built sometime between 2003 and 2006. It was last sold for £428,000 in February 2013, which was around 73% 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	£246,864	73% above HPI
2007 23 MAR	£450,000	£256,687	75% above HPI
2004 23 JAN	£407,500	£210,482	94% 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 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the February 2013 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

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 in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where RIDGEBOURNE lies on this distribution: 94% of detached 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.