4, GROVE MEADOW, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8AG - £261,000

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

4 GROVE MEADOW is a very large detached house of 157m², built sometime between 1976 and 1982. It was last sold for £261,000 in February 2015, which was around 2% below the average February 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

4 GROVE MEADOW Sold Prices

Land registry data shows two sales for 4 GROVE MEADOW 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. One of the two 4 GROVE MEADOW sales was for below the average price, whilst the other 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
2015 9 FEB	£261,000	£266,018	2% below HPI
2008 21 JUL	£289,950	£262,141	11% above HPI

4 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 two 4 GROVE MEADOW sales from July 2008 and February 2015 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 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 GROVE MEADOW?

4 GROVE MEADOW is 157m² according to the EPC inspection conducted in August 2009. This puts it in the largest 20% 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 4 GROVE MEADOW lies on this distribution: 82% of detached houses are smaller than 4 GROVE MEADOW, and 18% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

4 GROVE MEADOW: Plot and Title Map

4 GROVE MEADOW sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 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 4 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 4 GROVE MEADOW?

4 GROVE MEADOW is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 4 on GROVE MEADOW.