OLD POST OFFICE, KNOWBURY, LUDLOW, SY8 3JL - £215,000

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.

OLD POST OFFICE is a very large extended detached house of 222m², built sometime before 1900, which could now be worth an estimated £620,481. It was last sold for £215,000 in October 2001, which was around 47% above the average October 2001 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was F, and the potential energy rating was C.

OLD POST OFFICE Sold Prices

Land registry data shows two sales for OLD POST OFFICE 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. Both of the two OLD POST OFFICE sales were for above 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
2001 5 OCT	£215,000	£146,339	47% above HPI
1995 28 JUL	£90,000	£85,393	5% above HPI

OLD POST OFFICE 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 OLD POST OFFICE sales from July 1995 and October 2001 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 July 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2001 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might OLD POST OFFICE be worth now?

OLD POST OFFICE might now be worth an estimated £620,481.

This is based on house price inflation of 188.6%, between October 2001 and May 2026, 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 188.6% inflationary increase is applied to the most recent sale price for OLD POST OFFICE of £215,000 on 5th October 2001. For the value to have increased from £215,000 to £620,481 over the 25 years and five months to May 2026, the following assumptions must hold true:

• The value of OLD POST OFFICE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2001 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of OLD POST OFFICE has not materially changed since October 2001.

How Large is OLD POST OFFICE?

OLD POST OFFICE is 222m², which includes four extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses houses in Knowbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knowbury, and where OLD POST OFFICE lies on this distribution: 85% of detached houses houses are smaller than OLD POST OFFICE, and 15% of houses are larger. Note that EPC data is not available for all properties in Knowbury.

OLD POST OFFICE: Plot and Title Map

OLD POST OFFICE sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of OLD POST OFFICE, 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 OLD POST OFFICE). 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 OLD POST OFFICE?

OLD POST OFFICE is located in KNOWBURY, in the SY8 postcode district. The below map shows the position of OLD POST OFFICE in KNOWBURY.