3, LARKS RISE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8JJ - £345,000

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

3 LARKS RISE is a large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £345,000 in October 2017, which was around 16% above the average October 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

3 LARKS RISE Sold Prices

Land registry data shows three sales for 3 LARKS RISE 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 3 LARKS RISE sales were for above 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
2017 13 OCT	£345,000	£296,180	16% above HPI
2005 9 SEP	£270,000	£243,997	11% above HPI
1998 18 AUG	£145,000	£99,152	46% above HPI

3 LARKS RISE 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 3 LARKS RISE sales between August 1998 and October 2017 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 September 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 3 LARKS RISE?

3 LARKS RISE is 148m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% 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 3 LARKS RISE lies on this distribution: 74% of detached houses are smaller than 3 LARKS RISE, and 25% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

3 LARKS RISE: Plot and Title Map

3 LARKS RISE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 3 LARKS RISE, 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 3 LARKS RISE). 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 3 LARKS RISE?

3 LARKS RISE is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 3 on LARKS RISE.