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

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

MILL STREAM COTTAGE is a small detached house of 126m², built sometime between 1991 and 1995. It was last sold for £243,000 in September 2007, which was around 14% 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	£283,302	14% below HPI
2003 30 APR	£179,950	£186,930	4% below HPI
1998 16 JUL	£87,500	£96,426	9% 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2007 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Worthen, based on EPC data. The below chart shows the distribution of detached houses by size in Worthen, and where MILL STREAM COTTAGE lies on this distribution: 34% of detached 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.