SCHOOL COTTAGE, RICHARDS CASTLE, LUDLOW, SY8 4EQ - £860,000

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.

SCHOOL COTTAGE is a very large extended detached house of 260m², built sometime from 2012 onwards, which could now be worth an estimated £887,339. It was last sold for £860,000 in May 2025, which was around 110% above the average May 2025 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

SCHOOL COTTAGE Sold Prices

Land registry data shows three sales for SCHOOL COTTAGE 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. Two of the three SCHOOL COTTAGE sales were for above the average price, whilst one 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
2025 22 MAY	£860,000	£409,316	110% above HPI
2018 25 JAN	£680,000	£305,975	122% above HPI
2016 14 JUN	£169,000	£284,901	41% below HPI

SCHOOL 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 three SCHOOL COTTAGE sales between June 2016 and May 2025 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 2018 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the May 2025 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might SCHOOL COTTAGE be worth now?

SCHOOL COTTAGE might now be worth an estimated £887,339.

This is based on house price inflation of 3.2%, between May 2025 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 3.2% inflationary increase is applied to the most recent sale price for SCHOOL COTTAGE of £860,000 on 22nd May 2025. For the value to have increased from £860,000 to £887,339 over the one year to May 2026, the following assumptions must hold true:

• The value of SCHOOL COTTAGE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The May 2025 sale price of £860,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL COTTAGE has not materially changed since May 2025.

How Large is SCHOOL COTTAGE?

SCHOOL COTTAGE is 260m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses houses in Richards Castle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Richards Castle, and where SCHOOL COTTAGE lies on this distribution: 98% of detached houses houses are smaller than SCHOOL COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Richards Castle.

SCHOOL COTTAGE: Plot and Title Map

SCHOOL COTTAGE sits on a plot of roughly 0.316 of an acre, or 1,280m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL COTTAGE?

SCHOOL COTTAGE is located in RICHARDS CASTLE, in the SY8 postcode district. The below map shows the position of SCHOOL COTTAGE in RICHARDS CASTLE.