TOLL HOUSE, LUDLOW ROAD, CLEOBURY MORTIMER, KIDDERMINSTER, DY14 8DY - £365,000

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

TOLL HOUSE is a large extended detached house of 155m², built sometime before 1900. It was last sold for £365,000 in January 2022, which was about the average January 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was D.

TOLL HOUSE Sold Prices

Land registry data shows four sales for TOLL HOUSE 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. The four TOLL HOUSE sales were a mix of roughly equal to the average price, above the average price, and 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
2022 5 JAN	£365,000	£364,898	Close to HPI
2014 11 JUL	£250,000	£257,803	3% below HPI
2006 12 MAY	£265,000	£248,305	7% above HPI
1996 24 MAY	£80,000	£81,974	2% below HPI

TOLL HOUSE 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 TOLL HOUSE sales between May 1996 and January 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 July 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is TOLL HOUSE?

TOLL HOUSE is 155m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% 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 TOLL HOUSE lies on this distribution: 80% of detached houses are smaller than TOLL HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Cleobury Mortimer.

TOLL HOUSE: Plot and Title Map

TOLL HOUSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of TOLL HOUSE, 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 TOLL HOUSE). 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 TOLL HOUSE?

TOLL HOUSE is located on LUDLOW ROAD in CLEOBURY MORTIMER, in the DY14 postcode district. The below map shows the position of TOLL HOUSE on LUDLOW ROAD.