8, CLEE VANTAGE, CLEE HILL, LUDLOW, SY8 3NX - £158,000

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

8 CLEE VANTAGE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £158,000 in July 2007, which was around 41% below the average July 2007 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 CLEE VANTAGE Sold Prices

Land registry data shows two sales for 8 CLEE VANTAGE 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 8 CLEE VANTAGE 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
2007 20 JUL	£158,000	£269,695	41% below HPI
2003 22 AUG	£125,000	£197,869	37% below HPI

8 CLEE VANTAGE 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 8 CLEE VANTAGE sales from August 2003 and July 2007 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 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2007 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 CLEE VANTAGE?

8 CLEE VANTAGE is 62m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Cleehill, based on EPC data. The below chart shows the distribution of detached houses by size in Cleehill, and where 8 CLEE VANTAGE lies on this distribution: 8% of detached houses are smaller than 8 CLEE VANTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cleehill.

8 CLEE VANTAGE: Plot and Title Map

8 CLEE VANTAGE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 8 CLEE VANTAGE, 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 8 CLEE VANTAGE). 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 8 CLEE VANTAGE?

8 CLEE VANTAGE is located in CLEE HILL, in the SY8 postcode district. The below map shows the position of No. 8 on CLEE VANTAGE.