CLOVELLY COTTAGE, HOMER, MUCH WENLOCK, TF13 6NJ - £450,000

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

CLOVELLY COTTAGE is a midsized extended detached house of 132m², built sometime before 1900. It was last sold for £450,000 in January 2019, which was around 47% above the average January 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

CLOVELLY COTTAGE Sold Prices

Land registry data shows three sales for CLOVELLY COTTAGE 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 CLOVELLY COTTAGE sales were 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
2019 11 JAN	£450,000	£306,230	47% above HPI
2006 25 JUL	£305,000	£257,734	18% above HPI
1999 20 APR	£138,000	£100,373	37% above HPI

CLOVELLY COTTAGE 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 CLOVELLY COTTAGE sales between April 1999 and January 2019 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 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2019 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is CLOVELLY COTTAGE?

CLOVELLY COTTAGE is 132m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Homer, based on EPC data. The below chart shows the distribution of detached houses by size in Homer, and where CLOVELLY COTTAGE lies on this distribution: 50% of detached houses are smaller than CLOVELLY COTTAGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Homer.

CLOVELLY COTTAGE: Plot and Title Map

CLOVELLY COTTAGE sits on a plot of roughly 0.234 of an acre, or 948m². The below map shows the location of CLOVELLY COTTAGE, 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 CLOVELLY COTTAGE). 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 CLOVELLY COTTAGE?

CLOVELLY COTTAGE is located in HOMER, in the TF13 postcode district. The below map shows the position of CLOVELLY COTTAGE in HOMER.