HEATH COTTAGE, TENBURY ROAD, CLEE HILL, LUDLOW, SY8 3LY - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HEATH COTTAGE is a large extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £185,000 in July 2006, which was around 28% below the average July 2006 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was F, and the potential energy rating was C.

HEATH COTTAGE Sold Prices

Land registry data shows two sales for HEATH COTTAGE 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 HEATH 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
2006 25 JUL	£185,000	£257,734	28% below HPI
2004 22 DEC	£190,000	£233,055	18% below HPI

HEATH 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 two HEATH COTTAGE sales from December 2004 and July 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 December 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2006 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is HEATH COTTAGE?

HEATH COTTAGE is 102m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses in Cleehill, based on EPC data. The below chart shows the distribution of detached houses by size in Cleehill, and where HEATH COTTAGE lies on this distribution: 67% of detached houses are smaller than HEATH COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cleehill.

HEATH COTTAGE: Plot and Title Map

HEATH COTTAGE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of HEATH 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 HEATH 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 HEATH COTTAGE?

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