MERMAID COTTAGE, MORETON STREET, PREES, WHITCHURCH, SY13 2EG - £430,000

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

MERMAID COTTAGE is a large extended detached house of 135m², built sometime before 1900. It was last sold for £430,000 in August 2021, which was around 23% above the average August 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

MERMAID COTTAGE Sold Prices

Land registry data shows five sales for MERMAID COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the five MERMAID 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
2021 12 AUG	£430,000	£349,165	23% above HPI
2013 6 DEC	£230,000	£251,948	9% below HPI
2001 31 JAN	£167,500	£127,765	31% above HPI
1999 2 JUN	£125,000	£102,040	23% above HPI
1997 31 JAN	£81,000	£86,278	6% below HPI

MERMAID 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 five MERMAID COTTAGE sales between January 1997 and August 2021 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 December 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is MERMAID COTTAGE?

MERMAID COTTAGE is 135m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Prees, based on EPC data. The below chart shows the distribution of detached houses by size in Prees, and where MERMAID COTTAGE lies on this distribution: 65% of detached houses are smaller than MERMAID COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Prees.

MERMAID COTTAGE: Plot and Title Map

MERMAID COTTAGE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of MERMAID 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 MERMAID 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 MERMAID COTTAGE?

MERMAID COTTAGE is located on MORETON STREET in PREES, in the SY13 postcode district. The below map shows the position of MERMAID COTTAGE on MORETON STREET.