5, SALTER CLOSE, OSWESTRY, SY11 2EW - £580,000

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.

5 SALTER CLOSE is a very large detached house of 249m², built in 2020, which could now be worth an estimated £642,493. It was last sold for £580,000 in February 2022, which was around 54% above the average February 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was B.

5 SALTER CLOSE Sold Prices

Land registry data shows two sales for 5 SALTER CLOSE 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. Both of the two 5 SALTER CLOSE 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
2022 18 FEB	£580,000	£376,697	54% above HPI
2020 24 JUN	£370,000	£314,868	18% above HPI

5 SALTER CLOSE 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 5 SALTER CLOSE sales from June 2020 and February 2022 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 June 2020 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2022 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 5 SALTER CLOSE be worth now?

5 SALTER CLOSE might now be worth an estimated £642,493.

This is based on house price inflation of 10.8%, between February 2022 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 10.8% inflationary increase is applied to the most recent sale price for 5 SALTER CLOSE of £580,000 on 18th February 2022. For the value to have increased from £580,000 to £642,493 over the three years to February 2025, the following assumptions must hold true:

• The value of 5 SALTER CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2022 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SALTER CLOSE has not materially changed since February 2022.

How Large is 5 SALTER CLOSE?

5 SALTER CLOSE is 249m² according to the EPC inspection conducted in November 2021. This puts it in the largest 10% 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 5 SALTER CLOSE lies on this distribution: 97% of detached houses houses are smaller than 5 SALTER CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

5 SALTER CLOSE: Plot and Title Map

5 SALTER CLOSE sits on a plot of roughly 0.273 of an acre, or 1,105m². The below map shows the location of 5 SALTER CLOSE, 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 5 SALTER CLOSE). 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 5 SALTER CLOSE?

5 SALTER CLOSE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 5 on SALTER CLOSE.