11, SHEET ROAD, LUDLOW, SY8 1LR - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 SHEET ROAD is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £249,000 in August 2018, which was around 20% below the average August 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

11 SHEET ROAD Sold Prices

Land registry data shows three sales for 11 SHEET ROAD 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. All of the three 11 SHEET ROAD 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
2018 31 AUG	£249,000	£310,424	20% below HPI
2000 20 JUN	£92,500	£119,041	22% below HPI
1997 18 JUL	£69,000	£90,739	24% below HPI

11 SHEET ROAD 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 11 SHEET ROAD sales between July 1997 and August 2018 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 June 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 SHEET ROAD?

11 SHEET ROAD is 95m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 11 SHEET ROAD lies on this distribution: 38% of detached houses are smaller than 11 SHEET ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

11 SHEET ROAD: Plot and Title Map

11 SHEET ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 11 SHEET ROAD, 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 11 SHEET ROAD). 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 11 SHEET ROAD?

11 SHEET ROAD is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 11 on SHEET ROAD.