ROSE HOUSE, RICHARDS CASTLE, LUDLOW, SY8 4EQ - £415,000

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.

ROSE HOUSE is a midsized extended detached house of 156m², built sometime between 1900 and 1929, which could now be worth an estimated £687,427. It was last sold for £415,000 in September 2009, which was around 65% above the average September 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

ROSE HOUSE Sold Prices

Land registry data shows three sales for ROSE HOUSE 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 ROSE HOUSE 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
2009 30 SEP	£415,000	£251,915	65% above HPI
2002 4 DEC	£285,000	£182,914	56% above HPI
2002 17 APR	£255,000	£150,182	70% above HPI

ROSE HOUSE 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 ROSE HOUSE sales between April 2002 and September 2009 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 2002 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2009 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might ROSE HOUSE be worth now?

ROSE HOUSE might now be worth an estimated £687,427.

This is based on house price inflation of 65.6%, between September 2009 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 65.6% inflationary increase is applied to the most recent sale price for ROSE HOUSE of £415,000 on 30th September 2009. For the value to have increased from £415,000 to £687,427 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of ROSE HOUSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2009 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE HOUSE has not materially changed since September 2009.

How Large is ROSE HOUSE?

ROSE HOUSE is 156m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses houses in Richards Castle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Richards Castle, and where ROSE HOUSE lies on this distribution: 54% of detached houses houses are smaller than ROSE HOUSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Richards Castle.

ROSE HOUSE: Plot and Title Map

ROSE HOUSE sits on a plot of roughly 1.1 acres, or 4,501m². The below map shows the location of ROSE HOUSE, 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 ROSE HOUSE). 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 ROSE HOUSE?

ROSE HOUSE is located in RICHARDS CASTLE, in the SY8 postcode district. The below map shows the position of ROSE HOUSE in RICHARDS CASTLE.