WELL COTTAGE, MYDDLE, SHREWSBURY, SY4 3RX - £392,500

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

WELL COTTAGE is a small detached house of 133m², built sometime from 2007 onwards. It was last sold for £392,500 in August 2021, which was around 12% above the average August 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

WELL COTTAGE Sold Prices

Land registry data shows three sales for WELL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Two of the three WELL COTTAGE sales were for above the average price, whilst one was 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 6 AUG	£392,500	£349,165	12% above HPI
2016 31 AUG	£240,000	£287,287	16% below HPI
2007 4 APR	£299,995	£259,819	15% above HPI

WELL COTTAGE 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 three WELL COTTAGE sales between April 2007 and August 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 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is WELL COTTAGE?

WELL COTTAGE is 133m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in Myddle, based on EPC data. The below chart shows the distribution of detached houses by size in Myddle, and where WELL COTTAGE lies on this distribution: 39% of detached houses are smaller than WELL COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Myddle.

WELL COTTAGE: Plot and Title Map

WELL COTTAGE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of WELL COTTAGE, 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 WELL COTTAGE). 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 WELL COTTAGE?

WELL COTTAGE is located in MYDDLE, in the SY4 postcode district. The below map shows the position of WELL COTTAGE in MYDDLE.