BANK CREST, TENBURY ROAD, CLEE HILL, LUDLOW, SY8 3NE - £233,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

BANK CREST is a small semi-detached house of 71m², built sometime between 1930 and 1949. It was last sold for £233,000 in December 2022, which was around 41% below the average December 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

BANK CREST Sold Prices

Land registry data shows four sales for BANK CREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four BANK CREST 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
2022 9 DEC	£233,000	£396,573	41% below HPI
2010 30 SEP	£150,000	£263,429	43% below HPI
2006 21 DEC	£160,000	£260,068	38% below HPI
1999 13 AUG	£53,000	£107,795	51% below HPI

BANK CREST 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 four BANK CREST sales between August 1999 and December 2022 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 September 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is BANK CREST?

BANK CREST is 71m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Cleehill, based on EPC data. The below chart shows the distribution of detached houses by size in Cleehill, and where BANK CREST lies on this distribution: 28% of detached houses are smaller than BANK CREST, and 72% of houses are larger. Note that EPC data is not available for all properties in Cleehill.

BANK CREST: Plot and Title Map

BANK CREST sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of BANK CREST, 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 BANK CREST). 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 BANK CREST?

BANK CREST is located on TENBURY ROAD in CLEE HILL, in the SY8 postcode district. The below map shows the position of BANK CREST on TENBURY ROAD.