RED BANK, STARGARREG LANE, PANT, OSWESTRY, SY10 9QN - £181,500

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

RED BANK is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £181,500 in July 2015, which was around 33% below the average July 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

RED BANK Sold Prices

Land registry data shows two sales for RED BANK 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. Both of the two RED 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
2015 23 JUL	£181,500	£270,117	33% below HPI
1997 9 JUN	£66,000	£89,649	26% below HPI

RED 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 two RED BANK sales from June 1997 and July 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 June 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is RED BANK?

RED BANK is 103m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Pant, based on EPC data. The below chart shows the distribution of detached houses by size in Pant, and where RED BANK lies on this distribution: 34% of detached houses are smaller than RED BANK, and 65% of houses are larger. Note that EPC data is not available for all properties in Pant.

RED BANK: Plot and Title Map

RED BANK sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of RED 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 RED 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 RED BANK?

RED BANK is located on STARGARREG LANE in PANT, in the SY10 postcode district. The below map shows the position of RED BANK on STARGARREG LANE.