12, GREENACRES, LUDLOW, SY8 1LU - £280,000

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

12 GREENACRES is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £280,000 in June 2024, which was around 29% below the average June 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

12 GREENACRES Sold Prices

Land registry data shows two sales for 12 GREENACRES 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 12 GREENACRES 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
2024 24 JUN	£280,000	£394,499	29% below HPI
2013 9 JAN	£156,000	£248,692	37% below HPI

12 GREENACRES 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 12 GREENACRES sales from January 2013 and June 2024 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 January 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 GREENACRES?

12 GREENACRES is 79m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 12 GREENACRES lies on this distribution: 20% of detached houses are smaller than 12 GREENACRES, and 79% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

12 GREENACRES: Plot and Title Map

12 GREENACRES sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 12 GREENACRES, 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 12 GREENACRES). 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 12 GREENACRES?

12 GREENACRES is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 12 on GREENACRES.