7, SOUTHGATE CLOSE, OSWESTRY, SY11 2RR - £165,000

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.

7 SOUTHGATE CLOSE is a very small semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £220,079. It was last sold for £165,000 in May 2020, which was around 14% below the average May 2020 semi-detached price in the Shropshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

7 SOUTHGATE CLOSE Sold Prices

Land registry data shows five sales for 7 SOUTHGATE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Shropshire local authority area for the corresponding sale date. All of the five 7 SOUTHGATE CLOSE 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 5 MAY	£165,000	£192,033	14% below HPI
2013 26 APR	£137,000	£156,913	13% below HPI
2005 14 OCT	£132,000	£157,945	16% below HPI
2005 31 MAR	£139,950	£149,510	6% below HPI
2001 10 AUG	£68,000	£81,548	17% below HPI

7 SOUTHGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Shropshire local authority area over time, sourced from the HPI. The five 7 SOUTHGATE CLOSE sales between August 2001 and May 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 April 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 SOUTHGATE CLOSE be worth now?

7 SOUTHGATE CLOSE might now be worth an estimated £220,079.

This is based on house price inflation of 33.4%, between May 2020 and June 2025, for semi-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 33.4% inflationary increase is applied to the most recent sale price for 7 SOUTHGATE CLOSE of £165,000 on 5th May 2020. For the value to have increased from £165,000 to £220,079 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 7 SOUTHGATE CLOSE has moved in line with the HPI for semi-detached houses in the Shropshire local authority area.
• The May 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SOUTHGATE CLOSE has not materially changed since May 2020.

How Large is 7 SOUTHGATE CLOSE?

7 SOUTHGATE CLOSE is 76m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of semi-detached houses houses in Oswestry, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oswestry, and where 7 SOUTHGATE CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 7 SOUTHGATE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

7 SOUTHGATE CLOSE: Plot and Title Map

7 SOUTHGATE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 7 SOUTHGATE 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 7 SOUTHGATE 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 7 SOUTHGATE CLOSE?

7 SOUTHGATE CLOSE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 7 on SOUTHGATE CLOSE.