THE NEW RECTORY, WORTHEN, SHREWSBURY, SY5 9HN - £445,000

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

THE NEW RECTORY is a large detached house of 155m², built sometime between 1983 and 1990. It was last sold for £445,000 in December 2022, which was around 12% above the average December 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

THE NEW RECTORY Sold Prices

Land registry data shows two sales for THE NEW RECTORY 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 NEW RECTORY 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
2022 19 DEC	£445,000	£396,573	12% above HPI
2021 30 JUN	£441,500	£341,731	29% above HPI

THE NEW RECTORY 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 NEW RECTORY sales from June 2021 and December 2022 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 2021 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE NEW RECTORY?

THE NEW RECTORY is 155m² according to the EPC inspection conducted in December 2019. This puts it in the largest 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 THE NEW RECTORY lies on this distribution: 66% of detached houses are smaller than THE NEW RECTORY, and 34% of houses are larger. Note that EPC data is not available for all properties in Worthen.

THE NEW RECTORY: Plot and Title Map

THE NEW RECTORY sits on a plot of roughly 0.311 of an acre, or 1,258m². The below map shows the location of THE NEW RECTORY, 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 NEW RECTORY). 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 NEW RECTORY?

THE NEW RECTORY is located in WORTHEN, in the SY5 postcode district. The below map shows the position of THE NEW RECTORY in WORTHEN.