According to the public record, Sparrow Hill Cottage, Ludlow is a mid-century freehold house with 1,517 ft2 of internal area and sits on a 750 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sheet Road, Ludlow, SY8 is located within the SY8 postal district.
Sparrow Hill Cottage, Ludlow has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Sparrow Hill Cottage Ludlow as £363,091 and the rental value as £1,213 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Sparrow Hill Cottage Ludlow has decreased by £212 (0.1%) and its rental value has increased by £32 per month (2.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Sparrow Hill Cottage, Ludlow is in very good condition we estimate a sale value of £381,245 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,674 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £363,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,784 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Sparrow Hill Cottage, Ludlow sits on a plot of 750m2.
We have plot size data on 8 out of 21 other houses in the postcode and Sparrow Hill Cottage, Ludlow sits on the largest plot.
According to HM Land Registry, Sparrow Hill Cottage, Ludlow was last sold on 22 Nov 2021 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Sparrow Hill Cottage, Ludlow within a radius of 920 metres over the last 2 years.
The most recent example is 17, Sheet Road, Ludlow, SY8 1LR, a Freehold house which sold for £369,000 in May 2024.
Read more about house prices in SY8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheet Road, Ludlow, SY8 has a total of 70 addresses. According to our analysis of all the public data, Sparrow Hill Cottage, Ludlow is the 12th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in SY8.
Sparrow Hill Cottage, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Sparrow Hill Cottage, Ludlow is Ludlow station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Sparrow Hill Cottage, Ludlow, 49.6% of property is privately owned outright and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Sparrow Hill Cottage, Ludlow, 9.5% of residents are recorded as possessing school level qualifications and 23.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Sparrow Hill Cottage, Ludlow, the average age was 48.3 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Sparrow Hill Cottage, Ludlow, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Sparrow Hill Cottage, Ludlow, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.