Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
114 CABIN LANE is a very small detached house of 50m², built sometime between 1991 and 1995. It was last sold for £160,000 in November 2019, which was around 49% below the average November 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows six sales for 114 CABIN LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 114 CABIN 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 |
---|---|---|---|
2019 27 NOV | £160,000 | £316,161 | 49% below HPI |
2012 25 OCT | £140,000 | £250,460 | 44% below HPI |
2009 18 AUG | £120,000 | £245,257 | 51% below HPI |
2003 5 MAR | £89,950 | £187,340 | 52% below HPI |
1999 2 JUN | £52,500 | £102,040 | 49% below HPI |
1995 3 APR | £51,500 | £83,150 | 38% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The six 114 CABIN LANE sales between April 1995 and November 2019 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 October 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
114 CABIN LANE is 50m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 114 CABIN LANE lies on this distribution: Less than 1% of detached houses are smaller than 114 CABIN LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oswestry.
114 CABIN LANE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 114 CABIN 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 114 CABIN 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.
114 CABIN LANE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 114 on CABIN LANE.