Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 RONHILL LANE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £220,000 in June 2024, which was around 44% below the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 RONHILL LANE since 1st 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 16 RONHILL LANE 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 |
---|---|---|---|
2024 26 JUN | £220,000 | £394,758 | 44% below HPI |
2022 19 MAY | £232,000 | £370,436 | 37% below HPI |
1995 24 MAY | £60,000 | £82,565 | 27% below HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 16 RONHILL LANE sales between May 1995 and June 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 May 2022 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
16 RONHILL LANE is 62m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Cleobury Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Cleobury Mortimer, and where 16 RONHILL LANE lies on this distribution: 6% of detached houses are smaller than 16 RONHILL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.
16 RONHILL LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 16 RONHILL LANE, 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 16 RONHILL LANE). 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.
16 RONHILL LANE is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 16 on RONHILL LANE.