16, BURWAY CLOSE, LUDLOW, SY8 1GX - £348,500

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

16 BURWAY CLOSE is a very large extended detached house of 169m², built sometime between 1996 and 2002, which could now be worth an estimated £545,582. It was last sold for £348,500 in June 2014, which was around 31% above the average June 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

16 BURWAY CLOSE Sold Prices

Land registry data shows four sales for 16 BURWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Most of the four 16 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
2014 5 JUN	£348,500	£265,498	31% above HPI
2011 7 SEP	£250,000	£253,282	1% below HPI
2004 31 AUG	£244,000	£242,362	1% above HPI
1999 30 JUL	£123,950	£108,263	14% above HPI

16 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 four 16 BURWAY CLOSE sales between July 1999 and June 2014 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 16 BURWAY CLOSE be worth now?

16 BURWAY CLOSE might now be worth an estimated £545,582.

This is based on house price inflation of 56.6%, between June 2014 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 56.6% inflationary increase is applied to the most recent sale price for 16 BURWAY CLOSE of £348,500 on 5th June 2014. For the value to have increased from £348,500 to £545,582 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 16 BURWAY CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2014 sale price of £348,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BURWAY CLOSE has not materially changed since June 2014.

How Large is 16 BURWAY CLOSE?

16 BURWAY CLOSE is 169m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% 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 16 BURWAY CLOSE lies on this distribution: 92% of detached houses houses are smaller than 16 BURWAY CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

16 BURWAY CLOSE: Plot and Title Map

16 BURWAY CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 16 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 16 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 16 BURWAY CLOSE?

16 BURWAY CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 16 on BURWAY CLOSE.