1, MILLSTREAM BANK, WORTHEN, SHREWSBURY, SY5 9EY - £550,000

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

1 MILLSTREAM BANK is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £550,000 in March 2024, which was around 43% above the average March 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1 MILLSTREAM BANK Sold Prices

Land registry data shows three sales for 1 MILLSTREAM 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 1 MILLSTREAM BANK sales were for above 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
2024 21 MAR	£550,000	£385,467	43% above HPI
2016 24 JUN	£369,000	£277,159	33% above HPI
2000 25 AUG	£165,000	£123,943	33% above HPI

1 MILLSTREAM 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 1 MILLSTREAM BANK sales between August 2000 and March 2024 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 2016 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2024 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 1 MILLSTREAM BANK?

1 MILLSTREAM BANK is 174m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Worthen, based on EPC data. The below chart shows the distribution of detached houses by size in Worthen, and where 1 MILLSTREAM BANK lies on this distribution: 84% of detached houses are smaller than 1 MILLSTREAM BANK, and 16% of houses are larger. Note that EPC data is not available for all properties in Worthen.

1 MILLSTREAM BANK: Plot and Title Map

1 MILLSTREAM BANK sits on a plot of roughly 0.241 of an acre, or 975m². The below map shows the location of 1 MILLSTREAM 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 1 MILLSTREAM 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 1 MILLSTREAM BANK?

1 MILLSTREAM BANK is located in WORTHEN, in the SY5 postcode district. The below map shows the position of No. 1 on MILLSTREAM BANK.