FAIRWATER, LINNEY, LUDLOW, SY8 1EG - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRWATER is a very large detached house of 274m², built sometime between 2003 and 2006, which could now be worth an estimated £1,124,816. It was last sold for £675,000 in March 2006, which was around 170% above the average March 2006 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

FAIRWATER Sold Prices

Land registry data shows two sales for FAIRWATER 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 FAIRWATER sales were for above 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
2006 22 MAR	£675,000	£250,412	170% above HPI
2004 6 JUL	£310,000	£232,470	33% above HPI

FAIRWATER 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 FAIRWATER sales from July 2004 and March 2006 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 July 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2006 sale, where it rises to 170% above the HPI. The line then continues to track at 170% above the HPI.

What might FAIRWATER be worth now?

FAIRWATER might now be worth an estimated £1,124,816.

This is based on house price inflation of 66.6%, between March 2006 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.6% inflationary increase is applied to the most recent sale price for FAIRWATER of £675,000 on 22nd March 2006. For the value to have increased from £675,000 to £1,124,816 over the nineteen years and one month to February 2025, the following assumptions must hold true:

• The value of FAIRWATER has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2006 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWATER has not materially changed since March 2006.

How Large is FAIRWATER?

FAIRWATER is 274m² according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludlow, and where FAIRWATER lies on this distribution: 99% of detached houses houses are smaller than FAIRWATER, and 1% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

FAIRWATER: Plot and Title Map

FAIRWATER sits on a plot of roughly 0.254 of an acre, or 1,026m². The below map shows the location of FAIRWATER, 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 FAIRWATER). 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 FAIRWATER?

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