FARAWAY, FOLDGATE LANE, LUDLOW, SY8 1LS - £270,000

FARAWAY is a midsized extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £270,000 in January 2020, which was around 13% below the average January 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

FARAWAY Sold Prices

Land registry data shows two sales for FARAWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two FARAWAY 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
2020 7 JAN	£270,000	£311,443	13% below HPI
2015 8 APR	£222,000	£263,980	16% below HPI

FARAWAY 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 two FARAWAY sales from April 2015 and January 2020 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 April 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is FARAWAY?

FARAWAY is 107m², which includes two extensions, according to the EPC inspection conducted in April 2017. 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 FARAWAY lies on this distribution: 53% of detached houses are smaller than FARAWAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

FARAWAY: Plot and Title Map

FARAWAY sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of FARAWAY, 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 FARAWAY). 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 FARAWAY?

FARAWAY is located on FOLDGATE LANE in LUDLOW, in the SY8 postcode district. The below map shows the position of FARAWAY on FOLDGATE LANE.