MONA, LIVESEY AVENUE, LUDLOW, SY8 1HN - £240,000

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.

MONA is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £267,640. It was last sold for £240,000 in April 2022, which was around 36% below the average April 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

MONA Sold Prices

Land registry data shows two sales for MONA 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 MONA 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
2022 20 APR	£240,000	£374,191	36% below HPI
1999 29 APR	£76,000	£103,177	26% below HPI

MONA 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 MONA sales from April 1999 and April 2022 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 April 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might MONA be worth now?

MONA might now be worth an estimated £267,640.

This is based on house price inflation of 11.5%, between April 2022 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 11.5% inflationary increase is applied to the most recent sale price for MONA of £240,000 on 20th April 2022. For the value to have increased from £240,000 to £267,640 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of MONA has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of MONA has not materially changed since April 2022.

How Large is MONA?

MONA is 72m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% 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 MONA lies on this distribution: 13% of detached houses houses are smaller than MONA, and 87% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

MONA: Plot and Title Map

MONA sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of MONA, 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 MONA). 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 MONA?

MONA is located on LIVESEY AVENUE in LUDLOW, in the SY8 postcode district. The below map shows the position of MONA on LIVESEY AVENUE.