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
175 CABIN LANE is a very small semi-detached house of 67m², built sometime between 1996 and 2002. It was last sold for £159,000 in July 2017, which was around 45% below the average July 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 175 CABIN LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 175 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 |
---|---|---|---|
2017 19 JUL | £159,000 | £291,256 | 45% below HPI |
2011 29 JUL | £134,000 | £247,807 | 46% below HPI |
2001 29 JUN | £64,000 | £133,817 | 52% below HPI |
1997 23 MAY | £55,750 | £88,452 | 37% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 175 CABIN LANE sales between May 1997 and July 2017 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 2011 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2017 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.
175 CABIN LANE is 67m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Oswestry, based on EPC data. The below chart shows the distribution of detached houses by size in Oswestry, and where 175 CABIN LANE lies on this distribution: 11% of detached houses are smaller than 175 CABIN LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Oswestry.
175 CABIN LANE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 175 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 175 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.
175 CABIN LANE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 175 on CABIN LANE.