18, GRAVEL HILL, LUDLOW, SY8 1QL - £320,000

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

18 GRAVEL HILL is a very large extended detached house of 277m², built sometime before 1900. It was last sold for £320,000 in May 2009, which was around 39% above the average May 2009 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

18 GRAVEL HILL Sold Prices

Land registry data shows three sales for 18 GRAVEL HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 18 GRAVEL HILL 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
2009 7 MAY	£320,000	£230,169	39% above HPI
2003 3 MAR	£275,000	£187,340	47% above HPI
1997 3 APR	£145,000	£87,775	65% above HPI

18 GRAVEL HILL 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 three 18 GRAVEL HILL sales between April 1997 and May 2009 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 March 2003 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2009 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 18 GRAVEL HILL?

18 GRAVEL HILL is 277m², which includes two extensions, according to the EPC inspection conducted in April 2024. 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 18 GRAVEL HILL lies on this distribution: 99% of detached houses are smaller than 18 GRAVEL HILL, and 1% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

18 GRAVEL HILL: Plot and Title Map

18 GRAVEL HILL sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 18 GRAVEL HILL, 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 18 GRAVEL HILL). 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 18 GRAVEL HILL?

18 GRAVEL HILL is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 18 on GRAVEL HILL.