HOLLY COTTAGE, STEVENTON NEW ROAD, LUDLOW, SY8 1LE - £365,000

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.

HOLLY COTTAGE is a large detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £439,996. It was last sold for £365,000 in April 2021, which was around 5% above the average April 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

HOLLY COTTAGE Sold Prices

Land registry data shows three sales for HOLLY 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 HOLLY COTTAGE 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
2021 8 APR	£365,000	£346,160	5% above HPI
2016 19 MAY	£325,000	£286,303	14% above HPI
2002 20 NOV	£185,000	£177,890	4% above HPI

HOLLY 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 HOLLY COTTAGE sales between November 2002 and April 2021 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 May 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £439,996.

This is based on house price inflation of 20.5%, between April 2021 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 20.5% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £365,000 on 8th April 2021. For the value to have increased from £365,000 to £439,996 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since April 2021.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 118m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% 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 HOLLY COTTAGE lies on this distribution: 66% of detached houses houses are smaller than HOLLY COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on STEVENTON NEW ROAD in LUDLOW, in the SY8 postcode district. The below map shows the position of HOLLY COTTAGE on STEVENTON NEW ROAD.