18, RONHILL LANE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8AU - £193,000

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

18 RONHILL LANE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £193,000 in November 2019, which was around 39% below the average November 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

18 RONHILL LANE Sold Prices

Land registry data shows two sales for 18 RONHILL LANE 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 18 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
2019 22 NOV	£193,000	£316,161	39% below HPI
2012 27 APR	£145,000	£241,180	40% below HPI

18 RONHILL LANE 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 18 RONHILL LANE sales from April 2012 and November 2019 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 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 18 RONHILL LANE?

18 RONHILL LANE is 62m² according to the EPC inspection conducted in September 2019. 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 18 RONHILL LANE lies on this distribution: 6% of detached houses are smaller than 18 RONHILL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

18 RONHILL LANE: Plot and Title Map

18 RONHILL LANE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 18 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 18 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.

Where is 18 RONHILL LANE?

18 RONHILL LANE is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 18 on RONHILL LANE.