2, LION LANE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8QD - £510,000

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

2 LION LANE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £510,000 in August 2022, which was around 33% above the average August 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was G, and the potential energy rating was E.

2 LION LANE Sold Prices

Land registry data shows two sales for 2 LION 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. One of the two 2 LION LANE sales was for above the average price, whilst the other was 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
2022 26 AUG	£510,000	£384,303	33% above HPI
2010 17 DEC	£240,000	£252,080	5% below HPI

2 LION 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 2 LION LANE sales from December 2010 and August 2022 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 December 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 2 LION LANE?

2 LION LANE is 116m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% 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 2 LION LANE lies on this distribution: 47% of detached houses are smaller than 2 LION LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

2 LION LANE: Plot and Title Map

2 LION LANE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of 2 LION 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 2 LION 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 2 LION LANE?

2 LION LANE is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 2 on LION LANE.