38, LARKS RISE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8JJ - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 LARKS RISE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £315,000 in December 2019, which was around 1% above the average December 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

38 LARKS RISE Sold Prices

Land registry data shows four sales for 38 LARKS RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the four 38 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
2019 12 DEC	£315,000	£311,817	1% above HPI
2017 7 JUL	£285,000	£291,256	2% below HPI
2001 2 JAN	£139,950	£127,765	10% above HPI
1998 31 JUL	£115,995	£96,426	20% above HPI

38 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 four 38 LARKS RISE sales between July 1998 and December 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 July 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 38 LARKS RISE?

38 LARKS RISE is 131m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 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 38 LARKS RISE lies on this distribution: 63% of detached houses are smaller than 38 LARKS RISE, and 36% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

38 LARKS RISE: Plot and Title Map

38 LARKS RISE sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 38 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 38 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 38 LARKS RISE?

38 LARKS RISE is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 38 on LARKS RISE.