23, GROVE MEADOW, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8AG - £340,000

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

23 GROVE MEADOW is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £340,000 in June 2024, which was around 14% below the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was C.

23 GROVE MEADOW Sold Prices

Land registry data shows three sales for 23 GROVE MEADOW 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 23 GROVE MEADOW 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 20 JUN	£340,000	£394,499	14% below HPI
2016 15 JAN	£180,000	£281,529	36% below HPI
1996 29 AUG	£79,950	£83,778	5% below HPI

23 GROVE MEADOW 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 23 GROVE MEADOW sales between August 1996 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 January 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 23 GROVE MEADOW?

23 GROVE MEADOW is 104m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% 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 23 GROVE MEADOW lies on this distribution: 36% of detached houses are smaller than 23 GROVE MEADOW, and 64% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

23 GROVE MEADOW: Plot and Title Map

23 GROVE MEADOW sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 23 GROVE MEADOW, 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 23 GROVE MEADOW). 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 23 GROVE MEADOW?

23 GROVE MEADOW is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 23 on GROVE MEADOW.