38, MILL STREET, PREES, WHITCHURCH, SY13 2DL - £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

38 MILL STREET is a very large extended detached house of 204m², built sometime before 1900. It was last sold for £345,000 in April 2023, which was around 10% below the average April 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

38 MILL STREET Sold Prices

Land registry data shows three sales for 38 MILL STREET 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. Two of the three 38 MILL STREET sales were for below the average price, whilst one was 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
2023 21 APR	£345,000	£382,445	10% below HPI
2016 12 MAY	£244,000	£278,524	12% below HPI
1998 27 MAR	£110,000	£93,597	18% above HPI

38 MILL STREET 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 38 MILL STREET sales between March 1998 and April 2023 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 May 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 38 MILL STREET?

38 MILL STREET is 204m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Prees, based on EPC data. The below chart shows the distribution of detached houses by size in Prees, and where 38 MILL STREET lies on this distribution: 95% of detached houses are smaller than 38 MILL STREET, and 5% of houses are larger. Note that EPC data is not available for all properties in Prees.

38 MILL STREET: Plot and Title Map

38 MILL STREET sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 38 MILL STREET, 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 MILL STREET). 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 MILL STREET?

38 MILL STREET is located in PREES, in the SY13 postcode district. The below map shows the position of No. 38 on MILL STREET.