THE OLD BAKERY, LOWER STREET, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8AB - £280,000

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 OLD BAKERY is a very large extended detached house of 180m², built sometime between 1983 and 1990. It was last sold for £280,000 in January 2017, which was around 4% below the average January 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

THE OLD BAKERY Sold Prices

Land registry data shows two sales for THE OLD BAKERY 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. One of the two THE OLD BAKERY sales was for below the average price, whilst the other was 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
2017 6 JAN	£280,000	£291,496	4% below HPI
2002 10 SEP	£212,000	£168,391	26% above HPI

THE OLD BAKERY 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 OLD BAKERY sales from September 2002 and January 2017 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 September 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 180m², which includes one extension, according to the EPC inspection conducted in May 2015. 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 OLD BAKERY lies on this distribution: 89% of detached houses are smaller than THE OLD BAKERY, and 11% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of THE OLD BAKERY, 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 OLD BAKERY). 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 OLD BAKERY?

THE OLD BAKERY is located on LOWER STREET in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of THE OLD BAKERY on LOWER STREET.