SUNNY BANK, EAGLE LANE, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8RA - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SUNNY BANK is a very large detached house of 156m², built sometime between 1983 and 1990, which could now be worth an estimated £517,049. It was last sold for £395,000 in March 2019, which was around 24% above the average March 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

SUNNY BANK Sold Prices

Land registry data shows four sales for SUNNY BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four SUNNY BANK 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
2019 26 MAR	£395,000	£318,785	24% above HPI
2010 24 JUN	£340,000	£265,476	28% above HPI
2006 18 DEC	£339,950	£267,333	27% above HPI
2003 31 OCT	£265,000	£207,289	28% above HPI

SUNNY BANK 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 four SUNNY BANK sales between October 2003 and March 2019 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 2010 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might SUNNY BANK be worth now?

SUNNY BANK might now be worth an estimated £517,049.

This is based on house price inflation of 30.9%, between March 2019 and February 2025, 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 30.9% inflationary increase is applied to the most recent sale price for SUNNY BANK of £395,000 on 26th March 2019. For the value to have increased from £395,000 to £517,049 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of SUNNY BANK has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of SUNNY BANK has not materially changed since March 2019.

How Large is SUNNY BANK?

SUNNY BANK is 156m² according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of detached houses houses in Cleobury Mortimer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleobury Mortimer, and where SUNNY BANK lies on this distribution: 80% of detached houses houses are smaller than SUNNY BANK, and 20% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

SUNNY BANK: Plot and Title Map

SUNNY BANK sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of SUNNY BANK, 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 SUNNY BANK). 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 SUNNY BANK?

SUNNY BANK is located on EAGLE LANE in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of SUNNY BANK on EAGLE LANE.