56, CABIN LANE, OSWESTRY, SY11 2LL - £264,000

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

56 CABIN LANE is a large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £264,000 in April 2015, which was about the average April 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

56 CABIN LANE Sold Prices

Land registry data shows two sales for 56 CABIN LANE 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 56 CABIN LANE sales was roughly equal to the average price, whilst the other was 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
2015 14 APR	£264,000	£263,980	Close to HPI
1996 8 MAR	£70,000	£80,837	13% below HPI

56 CABIN LANE 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 56 CABIN LANE sales from March 1996 and April 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 March 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 56 CABIN LANE?

56 CABIN LANE is 141m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 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 56 CABIN LANE lies on this distribution: 76% of detached houses are smaller than 56 CABIN LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Oswestry.

56 CABIN LANE: Plot and Title Map

56 CABIN LANE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 56 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 56 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.

Where is 56 CABIN LANE?

56 CABIN LANE is located in OSWESTRY, in the SY11 postcode district. The below map shows the position of No. 56 on CABIN LANE.