4, MILL STREAM, WORTHEN, SHREWSBURY, SY5 9JX - £355,000

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 MILL STREAM is a midsized detached house of 144m², built sometime between 1967 and 1975. It was last sold for £355,000 in December 2022, which was around 10% below the average December 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

4 MILL STREAM Sold Prices

Land registry data shows two sales for 4 MILL STREAM 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 4 MILL STREAM sales were for below 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
2022 8 DEC	£355,000	£396,573	10% below HPI
2019 3 OCT	£280,000	£316,667	12% below HPI

4 MILL STREAM 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 MILL STREAM sales from October 2019 and December 2022 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 October 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 MILL STREAM?

4 MILL STREAM is 144m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Worthen, based on EPC data. The below chart shows the distribution of detached houses by size in Worthen, and where 4 MILL STREAM lies on this distribution: 57% of detached houses are smaller than 4 MILL STREAM, and 43% of houses are larger. Note that EPC data is not available for all properties in Worthen.

4 MILL STREAM: Plot and Title Map

4 MILL STREAM sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 4 MILL STREAM, 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 MILL STREAM). 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 MILL STREAM?

4 MILL STREAM is located in WORTHEN, in the SY5 postcode district. The below map shows the position of No. 4 on MILL STREAM.