14, BURWAY CLOSE, LUDLOW, SY8 1GX - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 BURWAY CLOSE is a large extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £315,000 in February 2015, which was around 18% above the average February 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was C.

14 BURWAY CLOSE Sold Prices

Land registry data shows three sales for 14 BURWAY CLOSE 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. Two of the three 14 BURWAY CLOSE sales were for above the average price, whilst one was 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
2015 25 FEB	£315,000	£266,018	18% above HPI
2006 1 JUN	£250,000	£254,316	2% below HPI
1999 15 OCT	£127,500	£109,332	17% above HPI

14 BURWAY CLOSE 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 14 BURWAY CLOSE sales between October 1999 and February 2015 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 14 BURWAY CLOSE?

14 BURWAY CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 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 14 BURWAY CLOSE lies on this distribution: 66% of detached houses are smaller than 14 BURWAY CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

14 BURWAY CLOSE: Plot and Title Map

14 BURWAY CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 14 BURWAY CLOSE, 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 14 BURWAY CLOSE). 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 14 BURWAY CLOSE?

14 BURWAY CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 14 on BURWAY CLOSE.