HEDGE ROW COTTAGE, WORTHEN, SHREWSBURY, SY5 9HW - £370,000

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

HEDGE ROW COTTAGE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £370,000 in October 2023, which was around 6% below the average October 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

HEDGE ROW COTTAGE Sold Prices

Land registry data shows three sales for HEDGE ROW 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 HEDGE ROW COTTAGE 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
2023 16 OCT	£370,000	£392,608	6% below HPI
2017 17 FEB	£220,000	£291,656	25% below HPI
1999 30 JUN	£89,950	£102,040	12% below HPI

HEDGE ROW 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 HEDGE ROW COTTAGE sales between June 1999 and October 2023 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 February 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is HEDGE ROW COTTAGE?

HEDGE ROW COTTAGE is 100m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Worthen, based on EPC data. The below chart shows the distribution of detached houses by size in Worthen, and where HEDGE ROW COTTAGE lies on this distribution: 20% of detached houses are smaller than HEDGE ROW COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Worthen.

HEDGE ROW COTTAGE: Plot and Title Map

HEDGE ROW COTTAGE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of HEDGE ROW 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 HEDGE ROW 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 HEDGE ROW COTTAGE?

HEDGE ROW COTTAGE is located in WORTHEN, in the SY5 postcode district. The below map shows the position of HEDGE ROW COTTAGE in WORTHEN.