5, HEATH CLOSE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8ED - £175,000

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

5 HEATH CLOSE is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £175,000 in June 2008, which was around 33% below the average June 2008 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was A.

5 HEATH CLOSE Sold Prices

Land registry data shows two sales for 5 HEATH CLOSE 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 5 HEATH CLOSE 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
2008 6 JUN	£175,000	£262,293	33% below HPI
2000 24 MAR	£88,000	£108,971	19% below HPI

5 HEATH CLOSE 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 5 HEATH CLOSE sales from March 2000 and June 2008 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 March 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2008 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 HEATH CLOSE?

5 HEATH CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 5 HEATH CLOSE lies on this distribution: 20% of detached houses are smaller than 5 HEATH CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

5 HEATH CLOSE: Plot and Title Map

5 HEATH CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 HEATH CLOSE, 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 5 HEATH CLOSE). 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 5 HEATH CLOSE?

5 HEATH CLOSE is located in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of No. 5 on HEATH CLOSE.