GARTH, LOWER STREET, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8AE - £120,000

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

GARTH is a large extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £120,000 in September 2001, which was around 14% below the average September 2001 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

GARTH Sold Prices

Land registry data shows two sales for GARTH 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 GARTH 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
2001 28 SEP	£120,000	£140,055	14% below HPI
1998 17 JUN	£107,500	£96,250	12% above HPI

GARTH 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 GARTH sales from June 1998 and September 2001 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2001 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is GARTH?

GARTH is 147m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% 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 GARTH lies on this distribution: 73% of detached houses are smaller than GARTH, and 26% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

GARTH: Plot and Title Map

GARTH sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of GARTH, 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 GARTH). 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 GARTH?

GARTH is located on LOWER STREET in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of GARTH on LOWER STREET.