THE CREST, PENYGARREG LANE, PANT, OSWESTRY, SY10 8JS - £235,000

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.

THE CREST is a small extended detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £343,762. It was last sold for £235,000 in November 2015, which was around 18% below the average November 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was D.

THE CREST Sold Prices

Land registry data shows two sales for THE CREST 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. One of the two THE CREST sales was for below the average price, whilst the other was 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
2015 24 NOV	£235,000	£285,261	18% below HPI
1997 22 JUL	£105,000	£93,274	13% above HPI

THE CREST 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 THE CREST sales from July 1997 and November 2015 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 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might THE CREST be worth now?

THE CREST might now be worth an estimated £343,762.

This is based on house price inflation of 46.3%, between November 2015 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 46.3% inflationary increase is applied to the most recent sale price for THE CREST of £235,000 on 24th November 2015. For the value to have increased from £235,000 to £343,762 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of THE CREST has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of THE CREST has not materially changed since November 2015.

How Large is THE CREST?

THE CREST is 109m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Pant, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pant, and where THE CREST lies on this distribution: 39% of detached houses houses are smaller than THE CREST, and 61% of houses are larger. Note that EPC data is not available for all properties in Pant.

THE CREST: Plot and Title Map

THE CREST sits on a plot of roughly 0.379 of an acre, or 1,532m². The below map shows the location of THE CREST, 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 THE CREST). 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 THE CREST?

THE CREST is located on PENYGARREG LANE in PANT, in the SY10 postcode district. The below map shows the position of THE CREST on PENYGARREG LANE.