4, GREYSTONES WAY, OSWESTRY, SY11 2SJ - £280,000

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.

4 GREYSTONES WAY is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £327,512. It was last sold for £280,000 in June 2021, which was around 20% below the average June 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

4 GREYSTONES WAY Sold Prices

Land registry data shows four sales for 4 GREYSTONES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 4 GREYSTONES WAY 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 3 JUN	£280,000	£351,276	20% below HPI
2016 30 MAR	£172,500	£291,243	41% below HPI
2004 27 MAY	£175,950	£220,669	20% below HPI
2003 26 SEP	£178,000	£205,914	14% below HPI

4 GREYSTONES WAY 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 four 4 GREYSTONES WAY sales between September 2003 and June 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 March 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 GREYSTONES WAY be worth now?

4 GREYSTONES WAY might now be worth an estimated £327,512.

This is based on house price inflation of 17%, between June 2021 and June 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 17% inflationary increase is applied to the most recent sale price for 4 GREYSTONES WAY of £280,000 on 3rd June 2021. For the value to have increased from £280,000 to £327,512 over the four years to June 2025, the following assumptions must hold true:

• The value of 4 GREYSTONES WAY has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GREYSTONES WAY has not materially changed since June 2021.

How Large is 4 GREYSTONES WAY?

4 GREYSTONES WAY is 115m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% 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 4 GREYSTONES WAY lies on this distribution: 59% of detached houses houses are smaller than 4 GREYSTONES WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

4 GREYSTONES WAY: Plot and Title Map

4 GREYSTONES WAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 4 GREYSTONES WAY, 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 4 GREYSTONES WAY). 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 4 GREYSTONES WAY?

4 GREYSTONES WAY is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 4 on GREYSTONES WAY.