18, LUDLOW ROAD, BRIDGNORTH, WV16 5AF - £350,000

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 LUDLOW ROAD is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £350,000 in September 2019, which was around 13% above the average September 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was D.

18 LUDLOW ROAD Sold Prices

Land registry data shows two sales for 18 LUDLOW ROAD 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 18 LUDLOW ROAD 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
2019 18 SEP	£350,000	£310,575	13% above HPI
2015 30 JUN	£340,000	£266,341	28% above HPI

18 LUDLOW ROAD 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 18 LUDLOW ROAD sales from June 2015 and September 2019 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 June 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 18 LUDLOW ROAD?

18 LUDLOW ROAD is 98m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where 18 LUDLOW ROAD lies on this distribution: 30% of detached houses are smaller than 18 LUDLOW ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.

18 LUDLOW ROAD: Plot and Title Map

18 LUDLOW ROAD sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 18 LUDLOW ROAD, 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 LUDLOW ROAD). 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 LUDLOW ROAD?

18 LUDLOW ROAD is located in BRIDGNORTH, in the WV16 postcode district. The below map shows the position of No. 18 on LUDLOW ROAD.