COMPASSES COTTAGE, UPPER LINNEY, LUDLOW, SY8 1EF - £147,000

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

COMPASSES COTTAGE is a very small detached house of 65m², built sometime before 1900. It was last sold for £147,000 in December 2017, which was around 51% below the average December 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was G, and the potential energy rating was G.

COMPASSES COTTAGE Sold Prices

Land registry data shows three sales for COMPASSES COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three COMPASSES COTTAGE 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
2017 20 DEC	£147,000	£298,013	51% below HPI
2009 2 DEC	£80,000	£250,389	68% below HPI
1998 15 MAY	£41,500	£94,488	56% below HPI

COMPASSES COTTAGE 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 three COMPASSES COTTAGE sales between May 1998 and December 2017 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 December 2009 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the December 2017 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is COMPASSES COTTAGE?

COMPASSES COTTAGE is 65m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where COMPASSES COTTAGE lies on this distribution: 6% of detached houses are smaller than COMPASSES COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

COMPASSES COTTAGE: Plot and Title Map

COMPASSES COTTAGE sits on a plot of roughly 0.015 of an acre, or 60m². The below map shows the location of COMPASSES COTTAGE, 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 COMPASSES COTTAGE). 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 COMPASSES COTTAGE?

COMPASSES COTTAGE is located on UPPER LINNEY in LUDLOW, in the SY8 postcode district. The below map shows the position of COMPASSES COTTAGE on UPPER LINNEY.