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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RED BANK is a small extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £272,768. It was last sold for £181,500 in July 2015, which was around 35% 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	£277,662	35% below HPI
1997 9 JUN	£66,000	£92,154	28% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2015 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might RED BANK be worth now?

RED BANK might now be worth an estimated £272,768.

This is based on house price inflation of 50.3%, between July 2015 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.3% inflationary increase is applied to the most recent sale price for RED BANK of £181,500 on 23rd July 2015. For the value to have increased from £181,500 to £272,768 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of RED BANK has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2015 sale price of £181,500 represented a fair market value for the property.
• The size, condition, and specification of RED BANK has not materially changed since July 2015.

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 houses in Pant, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pant, and where RED BANK lies on this distribution: 34% of detached houses 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 0.104 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.