8, HIGHGROVE, OSWESTRY, SY11 2YF - £279,000

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.

8 HIGHGROVE is a midsized extended detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £363,658. It was last sold for £279,000 in May 2020, which was around 11% below the average May 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

8 HIGHGROVE Sold Prices

Land registry data shows three sales for 8 HIGHGROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 8 HIGHGROVE 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 21 MAY	£279,000	£315,231	11% below HPI
2006 22 JUN	£214,950	£261,420	18% below HPI
1995 6 JAN	£76,000	£81,893	7% below HPI

8 HIGHGROVE 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 three 8 HIGHGROVE sales between January 1995 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 June 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 HIGHGROVE be worth now?

8 HIGHGROVE might now be worth an estimated £363,658.

This is based on house price inflation of 30.3%, between May 2020 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 30.3% inflationary increase is applied to the most recent sale price for 8 HIGHGROVE of £279,000 on 21st May 2020. For the value to have increased from £279,000 to £363,658 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 8 HIGHGROVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2020 sale price of £279,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HIGHGROVE has not materially changed since May 2020.

How Large is 8 HIGHGROVE?

8 HIGHGROVE is 111m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 8 HIGHGROVE lies on this distribution: 56% of detached houses houses are smaller than 8 HIGHGROVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

8 HIGHGROVE: Plot and Title Map

8 HIGHGROVE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 8 HIGHGROVE, 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 8 HIGHGROVE). 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 8 HIGHGROVE?

8 HIGHGROVE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 8 on HIGHGROVE.