1, COLES MEADOW, LUDLOW, SY8 1JX - £230,000

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

1 COLES MEADOW is a very large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £230,000 in August 2023, which was around 41% below the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

1 COLES MEADOW Sold Prices

Land registry data shows two sales for 1 COLES MEADOW 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 1 COLES MEADOW 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
2023 9 AUG	£230,000	£390,702	41% below HPI
2014 14 FEB	£166,000	£252,135	34% below HPI

1 COLES MEADOW 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 1 COLES MEADOW sales from February 2014 and August 2023 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 February 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 COLES MEADOW?

1 COLES MEADOW is 146m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 1 COLES MEADOW lies on this distribution: 86% of detached houses are smaller than 1 COLES MEADOW, and 14% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

1 COLES MEADOW: Plot and Title Map

1 COLES MEADOW sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 1 COLES MEADOW, 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 1 COLES MEADOW). 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 1 COLES MEADOW?

1 COLES MEADOW is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 1 on COLES MEADOW.