THE COTTAGE, ASHFORD CARBONEL, LUDLOW, SY8 4DB - £480,000

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.

THE COTTAGE is a large extended detached house of 172m², built sometime between 1900 and 1929, which could now be worth an estimated £624,676. It was last sold for £480,000 in October 2018, which was around 50% above the average October 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE 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 THE 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
2018 9 OCT	£480,000	£320,641	50% above HPI
2003 31 JUL	£386,000	£200,871	92% above HPI
1999 11 MAY	£179,950	£102,575	75% above HPI
1995 14 SEP	£62,000	£84,873	27% below 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 four THE COTTAGE sales between September 1995 and October 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 July 2003 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the October 2018 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £624,676.

This is based on house price inflation of 30.1%, between October 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 30.1% inflationary increase is applied to the most recent sale price for THE COTTAGE of £480,000 on 9th October 2018. For the value to have increased from £480,000 to £624,676 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since October 2018.

How Large is THE COTTAGE?

THE COTTAGE is 172m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Ashford Carbonell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford Carbonell, and where THE COTTAGE lies on this distribution: 73% of detached houses houses are smaller than THE COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Ashford Carbonell.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.148 of an acre, or 600m². 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 in ASHFORD CARBONEL, in the SY8 postcode district. The below map shows the position of THE COTTAGE in ASHFORD CARBONEL.