16, MORTIMER DRIVE, ORLETON, LUDLOW, SY8 4JW - £325,000

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

16 MORTIMER DRIVE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £325,000 in December 2022, which was around 25% below the average December 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

16 MORTIMER DRIVE Sold Prices

Land registry data shows two sales for 16 MORTIMER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 16 MORTIMER DRIVE 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
2022 22 DEC	£325,000	£432,960	25% below HPI
2007 12 OCT	£190,000	£292,609	35% below HPI

16 MORTIMER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 16 MORTIMER DRIVE sales from October 2007 and December 2022 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 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 MORTIMER DRIVE?

16 MORTIMER DRIVE is 71m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Orleton, based on EPC data. The below chart shows the distribution of detached houses by size in Orleton, and where 16 MORTIMER DRIVE lies on this distribution: 5% of detached houses are smaller than 16 MORTIMER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Orleton.

16 MORTIMER DRIVE: Plot and Title Map

16 MORTIMER DRIVE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 16 MORTIMER DRIVE, 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 MORTIMER DRIVE). 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 MORTIMER DRIVE?

16 MORTIMER DRIVE is located in ORLETON, in the SY8 postcode district. The below map shows the position of No. 16 on MORTIMER DRIVE.