MONKSGATE, WORCESTER ROAD, BURFORD, TENBURY WELLS, WR15 8AR - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MONKSGATE is a small extended detached house of 94m², built sometime before 1900. It was last sold for £175,000 in October 2016, which was around 39% below the average October 2016 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.

MONKSGATE Sold Prices

Land registry data shows five sales for MONKSGATE 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. All of the five MONKSGATE 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
2016 26 OCT	£175,000	£289,250	39% below HPI
2004 11 JUN	£168,500	£219,342	23% below HPI
2002 3 SEP	£105,000	£168,391	38% below HPI
1999 10 DEC	£71,000	£107,820	34% below HPI
1997 13 JUN	£60,000	£89,649	33% below HPI

MONKSGATE 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 MONKSGATE sales between June 1997 and October 2016 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 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is MONKSGATE?

MONKSGATE is 94m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where MONKSGATE lies on this distribution: 35% of detached houses are smaller than MONKSGATE, and 65% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

MONKSGATE: Plot and Title Map

MONKSGATE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of MONKSGATE, 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 MONKSGATE). 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 MONKSGATE?

MONKSGATE is located on WORCESTER ROAD in BURFORD, in the WR15 postcode district. The below map shows the position of MONKSGATE on WORCESTER ROAD.