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

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

FAIRWATER is a very large detached house of 274m², built sometime between 2003 and 2006. It was last sold for £675,000 in March 2006, which was around 177% 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	£243,607	177% above HPI
2004 6 JUL	£310,000	£226,153	37% 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 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2006 sale, where it rises to 177% above the HPI. The line then continues to track at 177% above the HPI.

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 in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where FAIRWATER lies on this distribution: 99% of detached 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.