THE OLD SCHOOL LODGE, BERESFORD GARDENS, OSWESTRY, SY11 2SL - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE OLD SCHOOL LODGE is a very small detached house of 56m², built sometime between 2003 and 2006. It was last sold for £195,000 in May 2021, which was around 42% below the average May 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

THE OLD SCHOOL LODGE Sold Prices

Land registry data shows three sales for THE OLD SCHOOL 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. All of the three THE OLD SCHOOL LODGE sales were 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
2021 4 MAY	£195,000	£334,214	42% below HPI
2015 18 DEC	£198,000	£277,669	29% below HPI
2006 14 JUL	£150,000	£257,734	42% below HPI

THE OLD SCHOOL 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 THE OLD SCHOOL LODGE sales between July 2006 and May 2021 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is THE OLD SCHOOL LODGE?

THE OLD SCHOOL LODGE is 56m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 THE OLD SCHOOL LODGE lies on this distribution: 3% of detached houses are smaller than THE OLD SCHOOL LODGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

THE OLD SCHOOL LODGE: Plot and Title Map

THE OLD SCHOOL LODGE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of THE OLD SCHOOL 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 THE OLD SCHOOL 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 THE OLD SCHOOL LODGE?

THE OLD SCHOOL LODGE is located on BERESFORD GARDENS in OSWESTRY, in the SY11 postcode district. The below map shows the position of THE OLD SCHOOL LODGE on BERESFORD GARDENS.