THREE GABLES, TENBURY ROAD, CLEE HILL, LUDLOW, SY8 3NE - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THREE GABLES is a very large extended detached house of 165m², built sometime between 1976 and 1982. It was last sold for £370,000 in March 2020, which was around 18% above the average March 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

THREE GABLES Sold Prices

Land registry data shows three sales for THREE GABLES 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 THREE GABLES 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
2020 5 MAR	£370,000	£314,701	18% above HPI
2014 25 FEB	£235,000	£252,135	7% below HPI
2010 24 NOV	£250,000	£259,221	4% below HPI

THREE GABLES 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 THREE GABLES sales between November 2010 and March 2020 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 February 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THREE GABLES?

THREE GABLES is 165m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Cleehill, based on EPC data. The below chart shows the distribution of detached houses by size in Cleehill, and where THREE GABLES lies on this distribution: 89% of detached houses are smaller than THREE GABLES, and 10% of houses are larger. Note that EPC data is not available for all properties in Cleehill.

THREE GABLES: Plot and Title Map

THREE GABLES sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of THREE GABLES, 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 THREE GABLES). 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 THREE GABLES?

THREE GABLES is located on TENBURY ROAD in CLEE HILL, in the SY8 postcode district. The below map shows the position of THREE GABLES on TENBURY ROAD.