MILL STREAM COTTAGE, WORTHEN, SHREWSBURY, SY5 9HW - £243,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MILL STREAM COTTAGE is a small detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £346,825. It was last sold for £243,000 in September 2007, which was around 17% below the average September 2007 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

MILL STREAM COTTAGE Sold Prices

Land registry data shows three sales for MILL STREAM 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 MILL STREAM 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
2007 7 SEP	£243,000	£291,215	17% below HPI
2003 30 APR	£179,950	£192,151	6% below HPI
1998 16 JUL	£87,500	£99,119	12% below HPI

MILL STREAM 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 MILL STREAM COTTAGE sales between July 1998 and September 2007 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 April 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2007 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might MILL STREAM COTTAGE be worth now?

MILL STREAM COTTAGE might now be worth an estimated £346,825.

This is based on house price inflation of 42.7%, between September 2007 and December 2024, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.7% inflationary increase is applied to the most recent sale price for MILL STREAM COTTAGE of £243,000 on 7th September 2007. For the value to have increased from £243,000 to £346,825 over the sixteen years and nine months to December 2024, the following assumptions must hold true:

• The value of MILL STREAM COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2007 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of MILL STREAM COTTAGE has not materially changed since September 2007.

How Large is MILL STREAM COTTAGE?

MILL STREAM COTTAGE is 126m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses houses in Worthen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worthen, and where MILL STREAM COTTAGE lies on this distribution: 34% of detached houses houses are smaller than MILL STREAM COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Worthen.

MILL STREAM COTTAGE: Plot and Title Map

MILL STREAM COTTAGE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of MILL STREAM 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 MILL STREAM 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 MILL STREAM COTTAGE?

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