43, FERNHILL LANE, GOBOWEN, OSWESTRY, SY11 3PP - £142,500

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.

43 FERNHILL LANE is a very small terraced house of 47m², built sometime between 1996 and 2002, which could now be worth an estimated £179,099. It was last sold for £142,500 in September 2020, which was around 12% below the average September 2020 terraced price in the Shropshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

43 FERNHILL LANE Sold Prices

Land registry data shows two sales for 43 FERNHILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Both of the two 43 FERNHILL LANE 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
2020 25 SEP	£142,500	£161,827	12% below HPI
2006 28 JUL	£124,250	£134,229	7% below HPI

43 FERNHILL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The two 43 FERNHILL LANE sales from July 2006 and September 2020 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 July 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 43 FERNHILL LANE be worth now?

43 FERNHILL LANE might now be worth an estimated £179,099.

This is based on house price inflation of 25.7%, between September 2020 and June 2025, for terraced 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 25.7% inflationary increase is applied to the most recent sale price for 43 FERNHILL LANE of £142,500 on 25th September 2020. For the value to have increased from £142,500 to £179,099 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 43 FERNHILL LANE has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The September 2020 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 43 FERNHILL LANE has not materially changed since September 2020.

How Large is 43 FERNHILL LANE?

43 FERNHILL LANE is 47m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Gobowen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gobowen, and where 43 FERNHILL LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 43 FERNHILL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

43 FERNHILL LANE: Plot and Title Map

43 FERNHILL LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 43 FERNHILL LANE, 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 43 FERNHILL LANE). 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 43 FERNHILL LANE?

43 FERNHILL LANE is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 43 on FERNHILL LANE.