ZION CHAPEL, CHAPEL MEWS, LUDLOW, SY8 2PY - £194,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ZION CHAPEL is a very large detached house of 134m², built sometime before 1900, which could now be worth an estimated £282,669. It was last sold for £194,000 in November 2015, which was around 32% below the average November 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

ZION CHAPEL Sold Prices

Land registry data shows four sales for ZION CHAPEL 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. All of the four ZION CHAPEL sales 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
2015 10 NOV	£194,000	£285,261	32% below HPI
2000 17 AUG	£79,000	£127,405	38% below HPI
1998 1 DEC	£70,000	£102,652	32% below HPI
1997 14 FEB	£59,995	£88,973	33% below HPI

ZION CHAPEL 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 ZION CHAPEL sales between February 1997 and November 2015 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 August 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might ZION CHAPEL be worth now?

ZION CHAPEL might now be worth an estimated £282,669.

This is based on house price inflation of 45.7%, between November 2015 and December 2024, 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 45.7% inflationary increase is applied to the most recent sale price for ZION CHAPEL of £194,000 on 10th November 2015. For the value to have increased from £194,000 to £282,669 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of ZION CHAPEL has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The November 2015 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of ZION CHAPEL has not materially changed since November 2015.

How Large is ZION CHAPEL?

ZION CHAPEL is 134m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludlow, and where ZION CHAPEL lies on this distribution: 81% of detached houses houses are smaller than ZION CHAPEL, and 18% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

ZION CHAPEL: Plot and Title Map

ZION CHAPEL sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of ZION CHAPEL, 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 ZION CHAPEL). 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 ZION CHAPEL?

ZION CHAPEL is located on CHAPEL MEWS in LUDLOW, in the SY8 postcode district. The below map shows the position of ZION CHAPEL on CHAPEL MEWS.