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
162 CABIN LANE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £187,500 in September 2018, which was around 40% below the average September 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 162 CABIN LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 162 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 |
---|---|---|---|
2018 7 SEP | £187,500 | £311,224 | 40% below HPI |
2015 17 JUL | £172,500 | £270,117 | 36% below HPI |
2006 5 OCT | £150,000 | £263,440 | 43% below HPI |
2001 8 JUN | £72,000 | £133,817 | 46% below HPI |
1997 21 MAR | £59,950 | £87,321 | 31% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The five 162 CABIN LANE sales between March 1997 and September 2018 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 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
162 CABIN LANE is 84m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 162 CABIN LANE lies on this distribution: 26% of detached houses are smaller than 162 CABIN LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Oswestry.
162 CABIN LANE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 162 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 162 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.
162 CABIN LANE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 162 on CABIN LANE.