1, ROCKLEY BANK, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8AP - £270,000

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.

1 ROCKLEY BANK is a very small detached house of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £282,599. It was last sold for £270,000 in March 2023, which was around 32% below the average March 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

1 ROCKLEY BANK Sold Prices

Land registry data shows two sales for 1 ROCKLEY 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 1 ROCKLEY 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 8 MAR	£270,000	£398,681	32% below HPI
2021 30 APR	£172,000	£346,160	50% below HPI

1 ROCKLEY 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 1 ROCKLEY BANK sales from April 2021 and March 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 April 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 ROCKLEY BANK be worth now?

1 ROCKLEY BANK might now be worth an estimated £282,599.

This is based on house price inflation of 4.7%, between March 2023 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 4.7% inflationary increase is applied to the most recent sale price for 1 ROCKLEY BANK of £270,000 on 8th March 2023. For the value to have increased from £270,000 to £282,599 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 1 ROCKLEY BANK has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROCKLEY BANK has not materially changed since March 2023.

How Large is 1 ROCKLEY BANK?

1 ROCKLEY BANK is 67m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses houses in Cleobury Mortimer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleobury Mortimer, and where 1 ROCKLEY BANK lies on this distribution: 10% of detached houses houses are smaller than 1 ROCKLEY BANK, and 90% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

1 ROCKLEY BANK: Plot and Title Map

1 ROCKLEY BANK sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1 ROCKLEY 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 ROCKLEY 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 ROCKLEY BANK?

1 ROCKLEY BANK is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 1 on ROCKLEY BANK.