ORCHARD COTTAGE, SPRINGFIELD CLOSE, LUDLOW, SY8 1RR - £185,000

ORCHARD COTTAGE is a midsized detached house of 111m², built sometime before 1900. It was last sold for £185,000 in January 2023, which was around 53% below the average January 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

ORCHARD COTTAGE Sold Prices

Land registry data shows two sales for ORCHARD COTTAGE 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 ORCHARD COTTAGE sales was for below the average price, whilst the other was 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
2023 13 JAN	£185,000	£397,505	53% below HPI
2021 7 JUN	£390,000	£341,731	14% above HPI

ORCHARD COTTAGE 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 ORCHARD COTTAGE sales from June 2021 and January 2023 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 June 2021 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 111m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where ORCHARD COTTAGE lies on this distribution: 59% of detached houses are smaller than ORCHARD COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of ORCHARD COTTAGE, 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 ORCHARD COTTAGE). 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located on SPRINGFIELD CLOSE in LUDLOW, in the SY8 postcode district. The below map shows the position of ORCHARD COTTAGE on SPRINGFIELD CLOSE.