4, MILL STREAM, WORTHEN, SHREWSBURY, SY5 9JX - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MILL STREAM is a midsized detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £395,047. It was last sold for £385,000 in September 2024, which was around 5% below the average September 2024 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 three sales for 4 MILL STREAM 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. All of the three 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
2024 11 SEP	£385,000	£406,672	5% below HPI
2022 8 DEC	£355,000	£407,650	13% below HPI
2019 3 OCT	£280,000	£325,512	14% 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 three 4 MILL STREAM sales between October 2019 and September 2024 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 2022 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 MILL STREAM be worth now?

4 MILL STREAM might now be worth an estimated £395,047.

This is based on house price inflation of 2.6%, between September 2024 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 4 MILL STREAM of £385,000 on 11th September 2024. For the value to have increased from £385,000 to £395,047 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 4 MILL STREAM has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2024 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL STREAM has not materially changed since September 2024.

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 houses in Worthen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worthen, and where 4 MILL STREAM lies on this distribution: 57% of detached houses 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.