THE COTTAGE, ANGEL BANK, BITTERLEY, LUDLOW, SY8 3HT - £90,000

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

THE COTTAGE is a very small semi-detached house of 31m², built sometime before 1900. It was last sold for £90,000 in October 2010, which was around 66% below the average October 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2010, where the current energy rating was F, and the potential energy rating was E.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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. One of the two THE COTTAGE sales was for below the average price, whilst the other was 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
2010 13 OCT	£90,000	£261,342	66% below HPI
2007 24 APR	£470,000	£259,819	81% above HPI

THE 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 THE COTTAGE sales from April 2007 and October 2010 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 2007 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the October 2010 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 31m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in Farden, based on EPC data. The below chart shows the distribution of detached houses by size in Farden, and where THE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than THE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Farden.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on ANGEL BANK in BITTERLEY, in the SY8 postcode district. The below map shows the position of THE COTTAGE on ANGEL BANK.