OAK BANK, DOG KENNEL LANE, BUCKNELL, SY7 0AX - £327,500

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

OAK BANK is a small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £327,500 in November 2023, which was around 17% below the average November 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

OAK BANK Sold Prices

Land registry data shows three sales for OAK BANK since 1^st 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 OAK BANK 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
2023 15 NOV	£327,500	£394,189	17% below HPI
2001 29 NOV	£135,000	£142,719	5% below HPI
1999 6 AUG	£86,000	£107,795	20% below HPI

OAK BANK 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 three OAK BANK sales between August 1999 and November 2023 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 November 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is OAK BANK?

OAK BANK is 81m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Bucknell, based on EPC data. The below chart shows the distribution of detached houses by size in Bucknell, and where OAK BANK lies on this distribution: 22% of detached houses are smaller than OAK BANK, and 77% of houses are larger. Note that EPC data is not available for all properties in Bucknell.

OAK BANK: Plot and Title Map

OAK BANK sits on a plot of roughly 0.287 of an acre, or 1,160m². The below map shows the location of OAK BANK, 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 OAK BANK). 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 OAK BANK?

OAK BANK is located on DOG KENNEL LANE in BUCKNELL, in the SY7 postcode district. The below map shows the position of OAK BANK on DOG KENNEL LANE.