3, LION LANE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8QD - £325,000

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 LION LANE is a very large extended detached house of 219m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2007, which was around 15% above the average September 2007 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

3 LION LANE Sold Prices

Land registry data shows two sales for 3 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. Both of the two 3 LION LANE 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
2007 6 SEP	£325,000	£283,302	15% above HPI
2001 20 DEC	£190,000	£142,387	33% above HPI

3 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 3 LION LANE sales from December 2001 and September 2007 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 2001 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2007 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 LION LANE?

3 LION LANE is 219m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 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 3 LION LANE lies on this distribution: 95% of detached houses are smaller than 3 LION LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

3 LION LANE: Plot and Title Map

3 LION LANE sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of 3 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 3 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 3 LION LANE?

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