15, BURWAY CLOSE, LUDLOW, SY8 1GX - £430,000

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 BURWAY CLOSE is a large extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £437,048. It was last sold for £430,000 in October 2024, which was around 5% above the average October 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

15 BURWAY CLOSE Sold Prices

Land registry data shows two sales for 15 BURWAY 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 BURWAY CLOSE sales were for above 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 21 OCT	£430,000	£408,938	5% above HPI
1999 20 OCT	£127,500	£112,385	13% above HPI

15 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 two 15 BURWAY CLOSE sales from October 1999 and October 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 October 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2024 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 BURWAY CLOSE be worth now?

15 BURWAY CLOSE might now be worth an estimated £437,048.

This is based on house price inflation of 1.6%, between October 2024 and December 2024, 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 1.6% inflationary increase is applied to the most recent sale price for 15 BURWAY CLOSE of £430,000 on 21st October 2024. For the value to have increased from £430,000 to £437,048 over the ten months to December 2024, the following assumptions must hold true:

• The value of 15 BURWAY CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2024 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BURWAY CLOSE has not materially changed since October 2024.

How Large is 15 BURWAY CLOSE?

15 BURWAY CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% 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 BURWAY CLOSE lies on this distribution: 64% of detached houses houses are smaller than 15 BURWAY CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

15 BURWAY CLOSE: Plot and Title Map

15 BURWAY CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 15 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 15 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 15 BURWAY CLOSE?

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