THE LAURELS, THE HURST, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8EG - £312,500

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

THE LAURELS is a very large extended detached house of 176m², built sometime between 2003 and 2006. It was last sold for £312,500 in March 2021, which was around 8% below the average March 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two THE LAURELS 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
2021 10 MAR	£312,500	£338,371	8% below HPI
2018 1 AUG	£267,000	£310,424	14% below HPI

THE LAURELS 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 two THE LAURELS sales from August 2018 and March 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 August 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 176m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Cleobury Mortimer, based on EPC data. The below chart shows the distribution of detached houses by size in Cleobury Mortimer, and where THE LAURELS lies on this distribution: 88% of detached houses are smaller than THE LAURELS, and 12% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on THE HURST in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of THE LAURELS on THE HURST.