41, LARKS RISE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8JJ - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 LARKS RISE is a midsized extended detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £332,048. It was last sold for £245,000 in June 2018, which was around 20% below the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

41 LARKS RISE Sold Prices

Land registry data shows two sales for 41 LARKS RISE 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 41 LARKS RISE 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
2018 29 JUN	£245,000	£307,892	20% below HPI
1998 26 JUN	£115,995	£98,938	17% above HPI

41 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 two 41 LARKS RISE sales from June 1998 and June 2018 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 June 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 41 LARKS RISE be worth now?

41 LARKS RISE might now be worth an estimated £332,048.

This is based on house price inflation of 35.5%, between June 2018 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 35.5% inflationary increase is applied to the most recent sale price for 41 LARKS RISE of £245,000 on 29th June 2018. For the value to have increased from £245,000 to £332,048 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 41 LARKS RISE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LARKS RISE has not materially changed since June 2018.

How Large is 41 LARKS RISE?

41 LARKS RISE is 114m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses houses in Cleobury Mortimer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleobury Mortimer, and where 41 LARKS RISE lies on this distribution: 45% of detached houses houses are smaller than 41 LARKS RISE, and 54% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

41 LARKS RISE: Plot and Title Map

41 LARKS RISE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 41 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 41 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 41 LARKS RISE?

41 LARKS RISE is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 41 on LARKS RISE.