42, Lower Raven Lane
42, Lower Raven Lane
Description & Estimates
42, Lower Raven Lane, Ludlow appears in the public record as a freehold house sitting on a 94.7 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,010 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 42, Lower Raven Lane, Ludlow is £275,623 and its rental estimate is £1,044 per month, given the available information and assuming reasonable condition.
Lower Raven Lane, Ludlow, SY8 falls within the SY8 postal district.
Our Data Sources
42, Lower Raven Lane, Ludlow has a single entry in the Land Registry from June 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 42, Lower Raven Lane, Ludlow, we estimate a market value of £289,404 and a rental value of £1,096 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,329 and £971 per month respectively.
Recent Market Change
Over the last year, 42, Lower Raven Lane, Ludlow has seen its estimated sale value fall by £2,735 (1.0%) and its estimated rental value move up by £38 per month (3.7%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 42, Lower Raven Lane, Ludlow as measuring 95 m2.
That makes it the 7th largest plot in the postcode, where 19 of the 26 other houses have recorded plot data.
Sold Prices
The most recent sale of 42, Lower Raven Lane, Ludlow completed on 4th June 2009 at £200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 44.5% over the period since June 2009.
- Sold Jun 2009£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Lower Raven Lane, Ludlow have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was 5 Mortimer Court, Old Street, Ludlow, SY8 1NP, a freehold house which sold for £252,000.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Lower Raven Lane, Ludlow, SY8, 42, Lower Raven Lane, Ludlow comes out as the 8th largest and the 12th most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the SY8 district.
More reading links
Schools Nearby
- 400mSt Laurence CofE Primary School
- 1.4kmLudlow Primary School
- 3.7kmBishop Hooper Church of England Primary School
- 1.5kmLudlow Church of England School
- 10.7kmTenbury High Ormiston Academy
- 10.9kmWigmore School
More reading links
Public Transport Nearby
From 42, Lower Raven Lane, Ludlow, the nearest station is Ludlow, 700 metres away.
- 700mLudlow
- 11.7kmCraven Arms
- 12.9kmBroome
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
