CORRIS, HENLEY ROAD, LUDLOW, SY8 1QZ - £350,000

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.

CORRIS is a midsized detached house of 107m², built sometime between 1900 and 1929, which could now be worth an estimated £489,465. It was last sold for £350,000 in August 2017, which was around 16% above the average August 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

CORRIS Sold Prices

Land registry data shows two sales for CORRIS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. One of the two CORRIS sales was for above the average price, whilst the other was 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
2017 16 AUG	£350,000	£301,542	16% above HPI
2015 2 JAN	£190,000	£272,261	30% below HPI

CORRIS 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 two CORRIS sales from January 2015 and August 2017 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 January 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might CORRIS be worth now?

CORRIS might now be worth an estimated £489,465.

This is based on house price inflation of 39.8%, between August 2017 and March 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 39.8% inflationary increase is applied to the most recent sale price for CORRIS of £350,000 on 16th August 2017. For the value to have increased from £350,000 to £489,465 over the eight years and five months to March 2025, the following assumptions must hold true:

• The value of CORRIS has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of CORRIS has not materially changed since August 2017.

How Large is CORRIS?

CORRIS is 107m² according to the EPC inspection conducted in June 2009. This puts it in the largest 50% 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 CORRIS lies on this distribution: 54% of detached houses houses are smaller than CORRIS, and 46% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

CORRIS: Plot and Title Map

CORRIS sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of CORRIS, 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 CORRIS). 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 CORRIS?

CORRIS is located on HENLEY ROAD in LUDLOW, in the SY8 postcode district. The below map shows the position of CORRIS on HENLEY ROAD.