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
115 CABIN LANE is a midsized detached house of 96m², built sometime between 1991 and 1995. It was last sold for £150,000 in November 2012, which was around 40% below the average November 2012 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 115 CABIN LANE since 1st 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 115 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 |
---|---|---|---|
2012 16 NOV | £150,000 | £250,896 | 40% below HPI |
2002 30 AUG | £107,000 | £165,908 | 36% below HPI |
1998 25 SEP | £58,000 | £99,222 | 42% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 115 CABIN LANE sales between September 1998 and November 2012 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 August 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
115 CABIN LANE is 96m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 115 CABIN LANE lies on this distribution: 41% of detached houses are smaller than 115 CABIN LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Oswestry.
115 CABIN LANE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 115 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 115 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.
115 CABIN LANE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 115 on CABIN LANE.