ASHWAY HOUSE, GRAVEL HILL, LUDLOW, SY8 1QU - £173,000

ASHWAY HOUSE is a very small semi-detached house of 76m², built sometime between 1996 and 2002. It was last sold for £173,000 in May 2015, which was around 35% below the average May 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

ASHWAY HOUSE Sold Prices

Land registry data shows three sales for ASHWAY 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. All of the three ASHWAY HOUSE 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 11 MAY	£173,000	£266,330	35% below HPI
2009 24 APR	£130,000	£230,979	44% below HPI
1998 13 FEB	£58,000	£93,580	38% below HPI

ASHWAY 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 ASHWAY HOUSE sales between February 1998 and May 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 April 2009 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is ASHWAY HOUSE?

ASHWAY HOUSE is 76m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where ASHWAY HOUSE lies on this distribution: 16% of detached houses are smaller than ASHWAY HOUSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

ASHWAY HOUSE: Plot and Title Map

ASHWAY HOUSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of ASHWAY 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 ASHWAY 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 ASHWAY HOUSE?

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