THE FIRS, TWMPATH LANE, GOBOWEN, OSWESTRY, SY10 7AH - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE FIRS is a very large extended detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £471,501. It was last sold for £280,000 in May 2012, which was around 13% above the average May 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS 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. One of the two THE FIRS sales was for above the average price, whilst the other 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
2012 11 MAY	£280,000	£247,804	13% above HPI
1996 10 DEC	£59,500	£88,377	33% below HPI

THE FIRS 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 THE FIRS sales from December 1996 and May 2012 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 December 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2012 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £471,501.

This is based on house price inflation of 68.4%, between May 2012 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 68.4% inflationary increase is applied to the most recent sale price for THE FIRS of £280,000 on 11th May 2012. For the value to have increased from £280,000 to £471,501 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2012 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since May 2012.

How Large is THE FIRS?

THE FIRS is 161m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gobowen, and where THE FIRS lies on this distribution: 88% of detached houses houses are smaller than THE FIRS, and 12% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.241 of an acre, or 974m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on TWMPATH LANE in GOBOWEN, in the SY10 postcode district. The below map shows the position of THE FIRS on TWMPATH LANE.