BRAVINIUM, FISHMORE ROAD, LUDLOW, SY8 2LU - £290,000

BRAVINIUM is a midsized extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £290,000 in April 2022, which was around 21% below the average April 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

BRAVINIUM Sold Prices

Land registry data shows five sales for BRAVINIUM since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five BRAVINIUM sales were 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
2022 14 APR	£290,000	£364,826	21% below HPI
2011 25 MAR	£205,000	£256,588	20% below HPI
2004 4 MAY	£152,000	£214,672	29% below HPI
2000 15 DEC	£115,000	£128,163	10% below HPI
2000 7 JUN	£83,000	£119,041	30% below HPI

BRAVINIUM 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 five BRAVINIUM sales between June 2000 and April 2022 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 March 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is BRAVINIUM?

BRAVINIUM is 103m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 BRAVINIUM lies on this distribution: 46% of detached houses are smaller than BRAVINIUM, and 53% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

BRAVINIUM: Plot and Title Map

BRAVINIUM sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of BRAVINIUM, 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 BRAVINIUM). 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 BRAVINIUM?

BRAVINIUM is located on FISHMORE ROAD in LUDLOW, in the SY8 postcode district. The below map shows the position of BRAVINIUM on FISHMORE ROAD.