2, BALLARD CLOSE, LUDLOW, SY8 1XH - £218,000

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

2 BALLARD CLOSE is a midsized detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £330,957. It was last sold for £218,000 in June 2015, which was around 20% below the average June 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

2 BALLARD CLOSE Sold Prices

Land registry data shows four sales for 2 BALLARD 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 2 BALLARD CLOSE 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
2015 5 JUN	£218,000	£273,781	20% below HPI
2007 23 FEB	£204,000	£266,084	23% below HPI
2002 10 DEC	£145,000	£182,914	21% below HPI
1997 28 NOV	£84,995	£97,189	13% below HPI

2 BALLARD 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 2 BALLARD CLOSE sales between November 1997 and June 2015 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 February 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 BALLARD CLOSE be worth now?

2 BALLARD CLOSE might now be worth an estimated £330,957.

This is based on house price inflation of 51.8%, between June 2015 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 51.8% inflationary increase is applied to the most recent sale price for 2 BALLARD CLOSE of £218,000 on 5th June 2015. For the value to have increased from £218,000 to £330,957 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 2 BALLARD CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2015 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BALLARD CLOSE has not materially changed since June 2015.

How Large is 2 BALLARD CLOSE?

2 BALLARD CLOSE is 106m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% 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 2 BALLARD CLOSE lies on this distribution: 51% of detached houses houses are smaller than 2 BALLARD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ludlow.

2 BALLARD CLOSE: Plot and Title Map

2 BALLARD CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 BALLARD 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 2 BALLARD 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 2 BALLARD CLOSE?

2 BALLARD CLOSE is located in LUDLOW, in the SY8 postcode district. The below map shows the position of No. 2 on BALLARD CLOSE.