50, FERNHILL LANE, GOBOWEN, OSWESTRY, SY11 3PP - £240,000

50 FERNHILL LANE is a very small detached house of 58m², built sometime between 2003 and 2006. It was last sold for £240,000 in November 2023, which was around 40% below the average November 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

50 FERNHILL LANE Sold Prices

Land registry data shows two sales for 50 FERNHILL LANE 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 50 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
2023 3 NOV	£240,000	£398,350	40% below HPI
2010 16 JUN	£160,000	£258,262	38% below HPI

50 FERNHILL LANE 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 50 FERNHILL LANE sales from June 2010 and November 2023 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 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 50 FERNHILL LANE?

50 FERNHILL LANE is 58m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Gobowen, based on EPC data. The below chart shows the distribution of detached houses by size in Gobowen, and where 50 FERNHILL LANE lies on this distribution: 5% of detached houses are smaller than 50 FERNHILL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gobowen.

50 FERNHILL LANE: Plot and Title Map

50 FERNHILL LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 50 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 50 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 50 FERNHILL LANE?

50 FERNHILL LANE is located in GOBOWEN, in the SY11 postcode district. The below map shows the position of No. 50 on FERNHILL LANE.