THE LITTLE HOUSE, GRAVEL HILL, LUDLOW, SY8 1QL - £365,000

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 LITTLE HOUSE is a large extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £365,000 in December 2016, which was around 25% above the average December 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

THE LITTLE HOUSE Sold Prices

Land registry data shows three sales for THE LITTLE 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. One of the three THE LITTLE HOUSE sales was for above the average price, whilst two 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
2016 20 DEC	£365,000	£291,047	25% above HPI
2015 2 DEC	£142,000	£277,669	49% below HPI
1997 21 MAR	£55,000	£87,321	37% below HPI

THE LITTLE 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 THE LITTLE HOUSE sales between March 1997 and December 2016 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 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2016 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is THE LITTLE HOUSE?

THE LITTLE HOUSE is 123m², which includes three extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where THE LITTLE HOUSE lies on this distribution: 74% of detached houses are smaller than THE LITTLE HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

THE LITTLE HOUSE: Plot and Title Map

THE LITTLE HOUSE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of THE LITTLE 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 THE LITTLE 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 THE LITTLE HOUSE?

THE LITTLE HOUSE is located on GRAVEL HILL in LUDLOW, in the SY8 postcode district. The below map shows the position of THE LITTLE HOUSE on GRAVEL HILL.