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

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

16 BURWAY CLOSE is a very large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £348,500 in June 2014, which was around 35% 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. All 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	£258,283	35% above HPI
2011 7 SEP	£250,000	£246,400	1% above HPI
2004 31 AUG	£244,000	£235,776	3% above HPI
1999 30 JUL	£123,950	£105,321	18% 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% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2014 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

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 in Ludlow, based on EPC data. The below chart shows the distribution of detached houses by size in Ludlow, and where 16 BURWAY CLOSE lies on this distribution: 92% of detached 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.