4, CATHERTON CLOSE, CLEE HILL, LUDLOW, SY8 3RD - £224,000

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

4 CATHERTON CLOSE is a very small detached house of 68m². It was last sold for £224,000 in October 2019, which was around 29% below the average October 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

4 CATHERTON CLOSE Sold Prices

Land registry data shows two sales for 4 CATHERTON CLOSE 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 4 CATHERTON CLOSE 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
2019 18 OCT	£224,000	£316,667	29% below HPI
2018 24 JAN	£200,000	£297,660	33% below HPI

4 CATHERTON CLOSE 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 4 CATHERTON CLOSE sales from January 2018 and October 2019 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 January 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 CATHERTON CLOSE?

4 CATHERTON CLOSE is 68m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Cleehill, based on EPC data. The below chart shows the distribution of detached houses by size in Cleehill, and where 4 CATHERTON CLOSE lies on this distribution: 16% of detached houses are smaller than 4 CATHERTON CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Cleehill.

4 CATHERTON CLOSE: Plot and Title Map

4 CATHERTON CLOSE sits on a plot of roughly 0.093 of an acre, or 374m². The below map shows the location of 4 CATHERTON CLOSE, 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 4 CATHERTON CLOSE). 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 4 CATHERTON CLOSE?

4 CATHERTON CLOSE is located in CLEE HILL, in the SY8 postcode district. The below map shows the position of No. 4 on CATHERTON CLOSE.