12, LUDFORD DRIVE, SHREWSBURY, SY1 3DP - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LUDFORD DRIVE is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £313,524. It was last sold for £195,000 in February 2010, which was around 25% below the average February 2010 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

12 LUDFORD DRIVE Sold Prices

Land registry data shows three sales for 12 LUDFORD DRIVE 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 12 LUDFORD DRIVE 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
2010 12 FEB	£195,000	£259,535	25% below HPI
1999 20 AUG	£89,000	£110,806	20% below HPI
1996 1 NOV	£83,000	£88,696	6% below HPI

12 LUDFORD DRIVE 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 12 LUDFORD DRIVE sales between November 1996 and February 2010 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 August 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 LUDFORD DRIVE be worth now?

12 LUDFORD DRIVE might now be worth an estimated £313,524.

This is based on house price inflation of 60.8%, between February 2010 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.8% inflationary increase is applied to the most recent sale price for 12 LUDFORD DRIVE of £195,000 on 12th February 2010. For the value to have increased from £195,000 to £313,524 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of 12 LUDFORD DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The February 2010 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LUDFORD DRIVE has not materially changed since February 2010.

How Large is 12 LUDFORD DRIVE?

12 LUDFORD DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 12 LUDFORD DRIVE lies on this distribution: 40% of detached houses houses are smaller than 12 LUDFORD DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

12 LUDFORD DRIVE: Plot and Title Map

12 LUDFORD DRIVE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 12 LUDFORD DRIVE, 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 LUDFORD DRIVE). 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 LUDFORD DRIVE?

12 LUDFORD DRIVE is located in SHREWSBURY, in the SY1 postcode district. The below map shows the position of No. 12 on LUDFORD DRIVE.