14, GREENACRES, LUDLOW, SY8 1LU - £270,000

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

14 GREENACRES is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £270,000 in March 2023, which was around 30% below the average March 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

14 GREENACRES Sold Prices

Land registry data shows three sales for 14 GREENACRES 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 14 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
2023 29 MAR	£270,000	£387,847	30% below HPI
2019 27 SEP	£215,000	£310,575	31% below HPI
1998 3 JUL	£53,000	£96,426	45% below HPI

14 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 three 14 GREENACRES sales between July 1998 and March 2023 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 September 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 14 GREENACRES?

14 GREENACRES is 52m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% 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 GREENACRES lies on this distribution: 1% of detached houses are smaller than 14 GREENACRES, and 99% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

14 GREENACRES: Plot and Title Map

14 GREENACRES sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 14 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 14 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 14 GREENACRES?

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