15, BALLARD CLOSE, LUDLOW, SY8 1XH - £129,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 BALLARD CLOSE is a large detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £325,874. It was last sold for £129,000 in July 2002, which was around 22% below the average July 2002 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

15 BALLARD CLOSE Sold Prices

Land registry data shows two sales for 15 BALLARD CLOSE 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 15 BALLARD CLOSE 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
2002 19 JUL	£129,000	£165,186	22% below HPI
1998 27 FEB	£84,995	£96,194	12% below HPI

15 BALLARD 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 two 15 BALLARD CLOSE sales from February 1998 and July 2002 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 February 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2002 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 BALLARD CLOSE be worth now?

15 BALLARD CLOSE might now be worth an estimated £325,874.

This is based on house price inflation of 152.6%, between July 2002 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 152.6% inflationary increase is applied to the most recent sale price for 15 BALLARD CLOSE of £129,000 on 19th July 2002. For the value to have increased from £129,000 to £325,874 over the 23 years and five months to February 2025, the following assumptions must hold true:

• The value of 15 BALLARD CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2002 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BALLARD CLOSE has not materially changed since July 2002.

How Large is 15 BALLARD CLOSE?

15 BALLARD CLOSE is 120m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses houses in Ludlow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludlow, and where 15 BALLARD CLOSE lies on this distribution: 70% of detached houses houses are smaller than 15 BALLARD CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

15 BALLARD CLOSE: Plot and Title Map

15 BALLARD CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 15 BALLARD 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 15 BALLARD 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 15 BALLARD CLOSE?

15 BALLARD CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 15 on BALLARD CLOSE.