OLD BARN, STEVENTON NEW ROAD, LUDLOW, SY8 1LE - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OLD BARN is a large extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £440,078. It was last sold for £325,000 in April 2018, which was around 5% above the average April 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

OLD BARN Sold Prices

Land registry data shows four sales for OLD BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the four OLD BARN 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
2018 20 APR	£325,000	£308,167	5% above HPI
2015 25 MAR	£230,000	£272,717	16% below HPI
2012 30 AUG	£245,000	£257,146	5% below HPI
1995 15 SEP	£80,000	£84,873	6% below HPI

OLD BARN 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 four OLD BARN sales between September 1995 and April 2018 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 March 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might OLD BARN be worth now?

OLD BARN might now be worth an estimated £440,078.

This is based on house price inflation of 35.4%, between April 2018 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 35.4% inflationary increase is applied to the most recent sale price for OLD BARN of £325,000 on 20th April 2018. For the value to have increased from £325,000 to £440,078 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of OLD BARN has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The April 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of OLD BARN has not materially changed since April 2018.

How Large is OLD BARN?

OLD BARN is 116m², which includes one extension, 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 OLD BARN lies on this distribution: 64% of detached houses houses are smaller than OLD BARN, and 35% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

OLD BARN: Plot and Title Map

OLD BARN sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of OLD BARN, 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 OLD BARN). 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 OLD BARN?

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