40, NORMANDIE CLOSE, LUDLOW, SY8 1UJ - £342,500

40 NORMANDIE CLOSE is a midsized detached house of 110m², built sometime between 1991 and 1995. It was last sold for £342,500 in August 2023, which was around 13% below the average August 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

40 NORMANDIE CLOSE Sold Prices

Land registry data shows three sales for 40 NORMANDIE CLOSE 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. One of the three 40 NORMANDIE CLOSE sales was for below the average price, whilst two 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
2023 25 AUG	£342,500	£392,428	13% below HPI
2022 22 FEB	£370,000	£366,826	1% above HPI
1995 3 NOV	£86,950	£82,392	6% above HPI

40 NORMANDIE CLOSE 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 40 NORMANDIE CLOSE sales between November 1995 and August 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 February 2022 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 40 NORMANDIE CLOSE?

40 NORMANDIE CLOSE is 110m² according to the EPC inspection conducted in November 2021. 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 40 NORMANDIE CLOSE lies on this distribution: 57% of detached houses are smaller than 40 NORMANDIE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

40 NORMANDIE CLOSE: Plot and Title Map

40 NORMANDIE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 40 NORMANDIE CLOSE, 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 40 NORMANDIE CLOSE). 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 40 NORMANDIE CLOSE?

40 NORMANDIE CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 40 on NORMANDIE CLOSE.