2, BORDER MEADOW, RICHARDS CASTLE, LUDLOW, SY8 4FA - £775,000

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 BORDER MEADOW is a large detached house of 186m², which could now be worth an estimated £792,806. It was last sold for £775,000 in January 2024, which was around 79% above the average January 2024 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was A, and the potential energy rating was A.

2 BORDER MEADOW Sold Prices

Land registry data shows two sales for 2 BORDER MEADOW 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. One of the two 2 BORDER MEADOW sales was for above the average price, whilst the other was 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
2024 31 JAN	£775,000	£432,992	79% above HPI
2018 1 AUG	£153,500	£345,510	56% below HPI

2 BORDER MEADOW 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 2 BORDER MEADOW sales from August 2018 and January 2024 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 August 2018 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2024 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 2 BORDER MEADOW be worth now?

2 BORDER MEADOW might now be worth an estimated £792,806.

This is based on house price inflation of 2.3%, between January 2024 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 2 BORDER MEADOW of £775,000 on 31st January 2024. For the value to have increased from £775,000 to £792,806 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 2 BORDER MEADOW has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The January 2024 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BORDER MEADOW has not materially changed since January 2024.

How Large is 2 BORDER MEADOW?

2 BORDER MEADOW is 186m² according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses houses in Richards Castle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Richards Castle, and where 2 BORDER MEADOW lies on this distribution: 76% of detached houses houses are smaller than 2 BORDER MEADOW, and 24% of houses are larger. Note that EPC data is not available for all properties in Richards Castle.

2 BORDER MEADOW: Plot and Title Map

2 BORDER MEADOW sits on a plot of roughly 0.227 of an acre, or 918m². The below map shows the location of 2 BORDER MEADOW, 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 BORDER MEADOW). 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 BORDER MEADOW?

2 BORDER MEADOW is located in RICHARDS CASTLE, in the SY8 postcode district. The below map shows the position of No. 2 on BORDER MEADOW.