1, SCOTTS LANE, KNOWBURY, LUDLOW, SY8 3JP - £320,000

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 SCOTTS LANE is a very small extended detached house of 78m², built sometime before 1900. It was last sold for £320,000 in June 2021, which was around 6% below the average June 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was G, and the potential energy rating was B.

1 SCOTTS LANE Sold Prices

Land registry data shows two sales for 1 SCOTTS LANE 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 SCOTTS LANE 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
2021 7 JUN	£320,000	£341,731	6% below HPI
2018 3 AUG	£220,000	£310,424	29% below HPI

1 SCOTTS LANE 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 SCOTTS LANE sales from August 2018 and June 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 SCOTTS LANE?

1 SCOTTS LANE is 78m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Knowbury, based on EPC data. The below chart shows the distribution of detached houses by size in Knowbury, and where 1 SCOTTS LANE lies on this distribution: 7% of detached houses are smaller than 1 SCOTTS LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Knowbury.

1 SCOTTS LANE: Plot and Title Map

1 SCOTTS LANE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 1 SCOTTS LANE, 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 SCOTTS LANE). 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 SCOTTS LANE?

1 SCOTTS LANE is located in KNOWBURY, in the SY8 postcode district. The below map shows the position of No. 1 on SCOTTS LANE.